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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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- Heidelberg Cement - Germany
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- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- The University of Queensland
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- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
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- Sical Logistics Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
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- Sakthi Sugars Limited - India
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- MS Steel International - UAE
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
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- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
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- Mercator Lines Limited - India
- White Energy Company Limited
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- Bulk Trading Sa - Switzerland
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- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
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- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
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- European Bulk Services B.V. - Netherlands
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- McConnell Dowell - Australia
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- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
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- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
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- Directorate General of MIneral and Coal - Indonesia
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- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
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- Price Waterhouse Coopers - Russia
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- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
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- Indian Oil Corporation Limited
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- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
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- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
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- Merrill Lynch Commodities Europe
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- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Videocon Industries ltd - India
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