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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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- Neyveli Lignite Corporation Ltd, - India
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- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
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- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
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- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
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- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
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- Semirara Mining and Power Corporation, Philippines
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- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
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- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
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- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
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- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
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- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
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- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
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- Directorate Of Revenue Intelligence - India
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- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
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- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
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- Altura Mining Limited, Indonesia
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- Energy Link Ltd, New Zealand
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- Merrill Lynch Commodities Europe
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
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- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
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- PetroVietnam Power Coal Import and Supply Company
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- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
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- ASAPP Information Group - India
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- Petron Corporation, Philippines
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- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
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- PowerSource Philippines DevCo
- The University of Queensland
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- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
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