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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Alfred C Toepfer International GmbH - Germany
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- Commonwealth Bank - Australia
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- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
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- Petron Corporation, Philippines
- White Energy Company Limited
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
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- IHS Mccloskey Coal Group - USA
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- Siam City Cement PLC, Thailand
- Minerals Council of Australia
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- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
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- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
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- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
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- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
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- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
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- The Treasury - Australian Government
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- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
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- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- PTC India Limited - India
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- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
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- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
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- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
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- Trasteel International SA, Italy
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- Power Finance Corporation Ltd., India
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- Coal and Oil Company - UAE
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- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
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- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
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- Electricity Authority, New Zealand
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- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
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- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
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