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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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- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
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- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
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- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
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- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
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- Miang Besar Coal Terminal - Indonesia
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- Salva Resources Pvt Ltd - India
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- LBH Netherlands Bv - Netherlands
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- Latin American Coal - Colombia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
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- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
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- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Meenaskhi Energy Private Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Siam City Cement PLC, Thailand
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- Globalindo Alam Lestari - Indonesia
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- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- The University of Queensland
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- Xindia Steels Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
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- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
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- Directorate General of MIneral and Coal - Indonesia
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- Agrawal Coal Company - India
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- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Medco Energi Mining Internasional
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- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
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- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
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- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
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- Thiess Contractors Indonesia
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- Minerals Council of Australia
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