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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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- Economic Council, Georgia
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- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- New Zealand Coal & Carbon
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- Electricity Authority, New Zealand
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- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
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- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
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- Kohat Cement Company Ltd. - Pakistan
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- Indian Oil Corporation Limited
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- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
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- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
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- PTC India Limited - India
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- Coalindo Energy - Indonesia
- The Treasury - Australian Government
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- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
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- Essar Steel Hazira Ltd - India
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- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
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- Georgia Ports Authority, United States
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
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- Mintek Dendrill Indonesia
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- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
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- Renaissance Capital - South Africa
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- Price Waterhouse Coopers - Russia
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- Samtan Co., Ltd - South Korea
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- Chamber of Mines of South Africa
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- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
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- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Planning Commission, India
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