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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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- Siam City Cement - Thailand
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- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
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- AsiaOL BioFuels Corp., Philippines
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- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
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- Bhoruka Overseas - Indonesia
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- Indian Oil Corporation Limited
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- Directorate General of MIneral and Coal - Indonesia
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- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
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- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
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- Vedanta Resources Plc - India
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- Bangladesh Power Developement Board
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- Larsen & Toubro Limited - India
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- Meralco Power Generation, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Singapore Mercantile Exchange
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- Gujarat Electricity Regulatory Commission - India
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- Thai Mozambique Logistica
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- SMG Consultants - Indonesia
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- Chamber of Mines of South Africa
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- LBH Netherlands Bv - Netherlands
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- Edison Trading Spa - Italy
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- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
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- Australian Coal Association
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
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- Ministry of Transport, Egypt
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- Kumho Petrochemical, South Korea
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- Planning Commission, India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
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