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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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- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
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- Meralco Power Generation, Philippines
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- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
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- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
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- Kobexindo Tractors - Indoneisa
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- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
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- Aditya Birla Group - India
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- Petron Corporation, Philippines
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- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
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- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
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- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
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- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
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- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
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- McConnell Dowell - Australia
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- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
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- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
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- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
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- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
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- Medco Energi Mining Internasional
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- Heidelberg Cement - Germany
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- IEA Clean Coal Centre - UK
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
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- Parliament of New Zealand
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- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
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- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- White Energy Company Limited
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