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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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- Ministry of Finance - Indonesia
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- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
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- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
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- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
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- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
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- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
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- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
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- The University of Queensland
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- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
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- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
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- Posco Energy - South Korea
- Edison Trading Spa - Italy
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- Global Business Power Corporation, Philippines
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- Wilmar Investment Holdings
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- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
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- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Gujarat Electricity Regulatory Commission - India
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- Directorate General of MIneral and Coal - Indonesia
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- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
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- Ministry of Transport, Egypt
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- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
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- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
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- South Luzon Thermal Energy Corporation
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- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Cement Manufacturers Association - India
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- ASAPP Information Group - India
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- Sakthi Sugars Limited - India
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- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
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- Tamil Nadu electricity Board
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- London Commodity Brokers - England
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