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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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- Oldendorff Carriers - Singapore
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- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
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- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
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- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
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- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
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- Jaiprakash Power Ventures ltd
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- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
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- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
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- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
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- Planning Commission, India
- Mintek Dendrill Indonesia
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- Carbofer General Trading SA - India
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- Independent Power Producers Association of India
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- Thiess Contractors Indonesia
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- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
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- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
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- Eastern Coal Council - USA
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- McConnell Dowell - Australia
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- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
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- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
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- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
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- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Parliament of New Zealand
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- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
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- Wilmar Investment Holdings
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- Merrill Lynch Commodities Europe
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- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
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