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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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- Vizag Seaport Private Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
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- MS Steel International - UAE
- Makarim & Taira - Indonesia
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- Electricity Authority, New Zealand
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- GMR Energy Limited - India
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- Metalloyd Limited - United Kingdom
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- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
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- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
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- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Star Paper Mills Limited - India
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- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
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- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
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- Sical Logistics Limited - India
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- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
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- Electricity Generating Authority of Thailand
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- Petrochimia International Co. Ltd.- Taiwan
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- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
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- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
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- Miang Besar Coal Terminal - Indonesia
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- Australian Coal Association
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- Bulk Trading Sa - Switzerland
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