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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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- Directorate Of Revenue Intelligence - India
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- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
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- Economic Council, Georgia
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- Bangladesh Power Developement Board
- The University of Queensland
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- Georgia Ports Authority, United States
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- Tamil Nadu electricity Board
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- Globalindo Alam Lestari - Indonesia
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- Merrill Lynch Commodities Europe
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- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
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- CNBM International Corporation - China
- Singapore Mercantile Exchange
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- The State Trading Corporation of India Ltd
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- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
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- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
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- Binh Thuan Hamico - Vietnam
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- Trasteel International SA, Italy
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- Price Waterhouse Coopers - Russia
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- International Coal Ventures Pvt Ltd - India
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- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
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- Baramulti Group, Indonesia
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- Edison Trading Spa - Italy
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- The Treasury - Australian Government
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- Gujarat Sidhee Cement - India
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- PNOC Exploration Corporation - Philippines
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- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
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- Metalloyd Limited - United Kingdom
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- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
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- Coal and Oil Company - UAE
- Eastern Coal Council - USA
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- Agrawal Coal Company - India
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- GAC Shipping (India) Pvt Ltd
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- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- McConnell Dowell - Australia
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- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
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- White Energy Company Limited
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- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
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- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
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- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
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- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
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