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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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- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
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- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
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- Parliament of New Zealand
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- McConnell Dowell - Australia
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- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
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- Medco Energi Mining Internasional
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- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
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- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
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- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- New Zealand Coal & Carbon
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- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
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- Interocean Group of Companies - India
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- Energy Link Ltd, New Zealand
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- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
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- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Australian Coal Association
- The University of Queensland
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- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
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- Energy Development Corp, Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- White Energy Company Limited
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- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
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- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
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