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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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- Oldendorff Carriers - Singapore
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- Eastern Energy - Thailand
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- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
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- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
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- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Indonesian Coal Mining Association
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- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
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- Global Coal Blending Company Limited - Australia
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- Wilmar Investment Holdings
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- Georgia Ports Authority, United States
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- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
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- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
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- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
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- Australian Coal Association
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- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
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- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
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- Minerals Council of Australia
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- IEA Clean Coal Centre - UK
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- Antam Resourcindo - Indonesia
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- Larsen & Toubro Limited - India
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- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
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- Standard Chartered Bank - UAE
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- MS Steel International - UAE
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- Global Business Power Corporation, Philippines
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- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
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- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
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- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
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