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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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- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
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- Gujarat Mineral Development Corp Ltd - India
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- The State Trading Corporation of India Ltd
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- New Zealand Coal & Carbon
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- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
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- Petron Corporation, Philippines
- Central Java Power - Indonesia
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- Energy Link Ltd, New Zealand
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- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
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- Altura Mining Limited, Indonesia
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- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
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- The Treasury - Australian Government
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- Kapuas Tunggal Persada - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
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- London Commodity Brokers - England
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
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- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
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- Globalindo Alam Lestari - Indonesia
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- Indian Oil Corporation Limited
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- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
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- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
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- Bahari Cakrawala Sebuku - Indonesia
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- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
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- Directorate General of MIneral and Coal - Indonesia
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- Mintek Dendrill Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
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- Energy Development Corp, Philippines
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- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
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- PNOC Exploration Corporation - Philippines
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- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
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