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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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- Neyveli Lignite Corporation Ltd, - India
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- Bayan Resources Tbk. - Indonesia
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- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
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- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Deloitte Consulting - India
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- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
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- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
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- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
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- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Interocean Group of Companies - India
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- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
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- SMG Consultants - Indonesia
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- Economic Council, Georgia
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- Minerals Council of Australia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- The University of Queensland
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- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
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- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
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- Central Electricity Authority - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
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