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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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- Krishnapatnam Port Company Ltd. - India
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- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
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- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
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- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
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- Sindya Power Generating Company Private Ltd
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- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
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- IHS Mccloskey Coal Group - USA
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- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
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- Mjunction Services Limited - India
- Indogreen Group - Indonesia
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- Indian Oil Corporation Limited
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- ICICI Bank Limited - India
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- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
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- Economic Council, Georgia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- The University of Queensland
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- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
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- PetroVietnam Power Coal Import and Supply Company
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- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
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- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
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- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
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- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
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- Coal and Oil Company - UAE
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- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
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