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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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- Meralco Power Generation, Philippines
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- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
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- Australian Coal Association
- White Energy Company Limited
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- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
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- Vedanta Resources Plc - India
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- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
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- PTC India Limited - India
- Indonesian Coal Mining Association
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- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
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- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
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- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
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- Ministry of Transport, Egypt
- Wilmar Investment Holdings
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- Parliament of New Zealand
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- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
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- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
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- Eastern Coal Council - USA
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- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
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- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
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- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
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- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
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- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
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- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
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- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
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- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
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- Kobexindo Tractors - Indoneisa
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- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
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- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
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- Chamber of Mines of South Africa
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