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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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- Standard Chartered Bank - UAE
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- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
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- Banpu Public Company Limited - Thailand
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- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
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- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
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- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- The University of Queensland
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Posco Energy - South Korea
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- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
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- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Wilmar Investment Holdings
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- Timah Investasi Mineral - Indoneisa
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- Medco Energi Mining Internasional
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- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- VISA Power Limited - India
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Australian Coal Association
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
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- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- India Bulls Power Limited - India
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- The State Trading Corporation of India Ltd
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- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
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- Parry Sugars Refinery, India
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- Planning Commission, India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
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- Global Green Power PLC Corporation, Philippines
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- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
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- TNB Fuel Sdn Bhd - Malaysia
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- Holcim Trading Pte Ltd - Singapore
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- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
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- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
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- Edison Trading Spa - Italy
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- IEA Clean Coal Centre - UK
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