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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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- Uttam Galva Steels Limited - India
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- The University of Queensland
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- Parliament of New Zealand
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- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
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- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
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- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
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- Holcim Trading Pte Ltd - Singapore
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- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- The Treasury - Australian Government
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- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
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- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
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- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
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- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
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- Karbindo Abesyapradhi - Indoneisa
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- Posco Energy - South Korea
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- Directorate General of MIneral and Coal - Indonesia
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- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
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- Coal and Oil Company - UAE
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- India Bulls Power Limited - India
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- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
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- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
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