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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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- Lanco Infratech Ltd - India
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- Kumho Petrochemical, South Korea
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- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
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- Pipit Mutiara Jaya. PT, Indonesia
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- CNBM International Corporation - China
- ICICI Bank Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Economic Council, Georgia
- The University of Queensland
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- Global Green Power PLC Corporation, Philippines
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- Metalloyd Limited - United Kingdom
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- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
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- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
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- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
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- Standard Chartered Bank - UAE
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- Independent Power Producers Association of India
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- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
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- Minerals Council of Australia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
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- Heidelberg Cement - Germany
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- Tamil Nadu electricity Board
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- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
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- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
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- Ministry of Transport, Egypt
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- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
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- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
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- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Australian Coal Association
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
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