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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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- Price Waterhouse Coopers - Russia
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- Economic Council, Georgia
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- White Energy Company Limited
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- Toyota Tsusho Corporation, Japan
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- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Rio Tinto Coal - Australia
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- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
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- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
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- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
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- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
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- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
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- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
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- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
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- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
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- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
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- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
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- Wilmar Investment Holdings
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- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Planning Commission, India
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- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- The University of Queensland
- Xindia Steels Limited - India
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