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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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- Therma Luzon, Inc, Philippines
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- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
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- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Parliament of New Zealand
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- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
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- IEA Clean Coal Centre - UK
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- SMC Global Power, Philippines
- GMR Energy Limited - India
- Commonwealth Bank - Australia
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- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Goldman Sachs - Singapore
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- Economic Council, Georgia
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- Eastern Coal Council - USA
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- New Zealand Coal & Carbon
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- Romanian Commodities Exchange
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- Baramulti Group, Indonesia
- Australian Coal Association
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- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Medco Energi Mining Internasional
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- Tamil Nadu electricity Board
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- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
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- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- LBH Netherlands Bv - Netherlands
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- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
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- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
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- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- Karbindo Abesyapradhi - Indoneisa
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- Bharathi Cement Corporation - India
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- Indonesian Coal Mining Association
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- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
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- White Energy Company Limited
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- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
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- Bank of Tokyo Mitsubishi UFJ Ltd
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