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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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- Dalmia Cement Bharat India
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- CNBM International Corporation - China
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
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- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
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- GAC Shipping (India) Pvt Ltd
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- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
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- Agrawal Coal Company - India
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- Economic Council, Georgia
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- Posco Energy - South Korea
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- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
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- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
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- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
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- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Eastern Coal Council - USA
- Indonesian Coal Mining Association
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- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
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- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
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- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
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- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
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- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
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- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
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- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
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- Renaissance Capital - South Africa
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- Pipit Mutiara Jaya. PT, Indonesia
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- Parry Sugars Refinery, India
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- Jaiprakash Power Ventures ltd
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- Directorate General of MIneral and Coal - Indonesia
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- Planning Commission, India
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- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
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