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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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- SMG Consultants - Indonesia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
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- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
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- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- MS Steel International - UAE
- Deloitte Consulting - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
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- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- White Energy Company Limited
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
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- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
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- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
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- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
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- The University of Queensland
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