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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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- Simpson Spence & Young - Indonesia
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- Wilmar Investment Holdings
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- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
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- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
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- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
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- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Directorate General of MIneral and Coal - Indonesia
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- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- The University of Queensland
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- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
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- New Zealand Coal & Carbon
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- PTC India Limited - India
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- Electricity Authority, New Zealand
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- Chettinad Cement Corporation Ltd - India
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- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
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- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
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- Planning Commission, India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
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- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
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- Aditya Birla Group - India
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- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
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- Economic Council, Georgia
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- Coalindo Energy - Indonesia
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- Ministry of Transport, Egypt
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- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
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