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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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- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
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- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
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- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
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- Global Coal Blending Company Limited - Australia
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- IEA Clean Coal Centre - UK
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- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Central Electricity Authority - India
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- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
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- Alfred C Toepfer International GmbH - Germany
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- Bhushan Steel Limited - India
- Sical Logistics Limited - India
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- Minerals Council of Australia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
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- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
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- SN Aboitiz Power Inc, Philippines
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- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
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- GN Power Mariveles Coal Plant, Philippines
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- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
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- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
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- SMC Global Power, Philippines
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- Eastern Energy - Thailand
- SMG Consultants - Indonesia
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- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
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- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Medco Energi Mining Internasional
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- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
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- The University of Queensland
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- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
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- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Australian Coal Association
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
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- Mercator Lines Limited - India
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