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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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- Neyveli Lignite Corporation Ltd, - India
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- Australian Coal Association
- Latin American Coal - Colombia
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- Cement Manufacturers Association - India
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- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
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- GVK Power & Infra Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
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- ICICI Bank Limited - India
- Baramulti Group, Indonesia
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- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Planning Commission, India
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- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
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- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
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- Economic Council, Georgia
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- Samtan Co., Ltd - South Korea
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- Sindya Power Generating Company Private Ltd
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- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
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- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
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- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
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- New Zealand Coal & Carbon
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- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Central Electricity Authority - India
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- The University of Queensland
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- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
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- Banpu Public Company Limited - Thailand
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- Minerals Council of Australia
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- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
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- Ministry of Finance - Indonesia
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- MS Steel International - UAE
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- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
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- Sical Logistics Limited - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
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- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
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