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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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- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
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- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
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- Coal and Oil Company - UAE
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- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
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- White Energy Company Limited
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- South Luzon Thermal Energy Corporation
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- Planning Commission, India
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- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
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- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
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- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
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- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
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- Alfred C Toepfer International GmbH - Germany
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- Coalindo Energy - Indonesia
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- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
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- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
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- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
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- Economic Council, Georgia
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- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
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- Metalloyd Limited - United Kingdom
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- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
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- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Indonesian Coal Mining Association
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- Electricity Authority, New Zealand
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- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
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- Electricity Generating Authority of Thailand
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- Energy Link Ltd, New Zealand
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- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
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- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
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