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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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- Power Finance Corporation Ltd., India
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- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Economic Council, Georgia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
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- Chamber of Mines of South Africa
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- Bangladesh Power Developement Board
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- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
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- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
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- Merrill Lynch Commodities Europe
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- Romanian Commodities Exchange
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- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
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- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
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- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Therma Luzon, Inc, Philippines
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- Maheswari Brothers Coal Limited - India
- The University of Queensland
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- Medco Energi Mining Internasional
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- The State Trading Corporation of India Ltd
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- Commonwealth Bank - Australia
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- Wilmar Investment Holdings
- Thai Mozambique Logistica
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- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
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- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
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- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
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- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Independent Power Producers Association of India
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- Jorong Barutama Greston.PT - Indonesia
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- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
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- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
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