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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- GAC Shipping (India) Pvt Ltd
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- Globalindo Alam Lestari - Indonesia
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- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
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- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
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- Deloitte Consulting - India
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- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- The University of Queensland
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- VISA Power Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
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- Merrill Lynch Commodities Europe
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- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
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- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
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- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
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- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- CNBM International Corporation - China
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- Planning Commission, India
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- Coalindo Energy - Indonesia
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- Tamil Nadu electricity Board
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- PowerSource Philippines DevCo
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- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
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- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
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- Madhucon Powers Ltd - India
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- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
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- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
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- Uttam Galva Steels Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
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- Trasteel International SA, Italy
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- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
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- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
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- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
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