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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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- Samtan Co., Ltd - South Korea
- Planning Commission, India
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- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
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- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
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- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
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- Straits Asia Resources Limited - Singapore
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- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
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- Eastern Coal Council - USA
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- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Minerals Council of Australia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
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- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Power Finance Corporation Ltd., India
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- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
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- Romanian Commodities Exchange
- PowerSource Philippines DevCo
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- Merrill Lynch Commodities Europe
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- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
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- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
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- Mjunction Services Limited - India
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- Tamil Nadu electricity Board
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- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
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- Standard Chartered Bank - UAE
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