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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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- Bukit Baiduri Energy - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
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- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
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- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
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- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
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- Minerals Council of Australia
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- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
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- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
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- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
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- Global Coal Blending Company Limited - Australia
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- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
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- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Independent Power Producers Association of India
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- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
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- Parliament of New Zealand
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- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
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- IEA Clean Coal Centre - UK
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- GMR Energy Limited - India
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- SMG Consultants - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
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- European Bulk Services B.V. - Netherlands
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- Chamber of Mines of South Africa
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- Australian Coal Association
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- Directorate Of Revenue Intelligence - India
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- Economic Council, Georgia
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