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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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- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
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- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
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- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
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- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Eastern Energy - Thailand
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- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
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- Kaltim Prima Coal - Indonesia
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- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
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- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
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- Oldendorff Carriers - Singapore
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- Indian Oil Corporation Limited
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- Ambuja Cements Ltd - India
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- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- VISA Power Limited - India
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- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Independent Power Producers Association of India
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- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
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- PowerSource Philippines DevCo
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- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
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- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
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- Metalloyd Limited - United Kingdom
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- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
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- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
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- Siam City Cement PLC, Thailand
- White Energy Company Limited
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- Planning Commission, India
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