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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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- Sakthi Sugars Limited - India
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- Tamil Nadu electricity Board
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- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Indian Energy Exchange, India
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- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
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- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
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- Ceylon Electricity Board - Sri Lanka
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- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
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- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
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- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
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- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
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- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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- Central Electricity Authority - India
- Medco Energi Mining Internasional
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- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
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- Aditya Birla Group - India
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- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
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- Altura Mining Limited, Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Deloitte Consulting - India
- Planning Commission, India
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- The State Trading Corporation of India Ltd
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- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
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- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
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- Orica Mining Services - Indonesia
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- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bangladesh Power Developement Board
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- Minerals Council of Australia
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- Australian Coal Association
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- Economic Council, Georgia
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