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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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- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Parliament of New Zealand
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- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
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- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
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- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
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- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
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- Indian Oil Corporation Limited
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- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
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- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- The University of Queensland
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
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- Australian Coal Association
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- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
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- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
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- Jaiprakash Power Ventures ltd
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- Dalmia Cement Bharat India
- Deloitte Consulting - India
- India Bulls Power Limited - India
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- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
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- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
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- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
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- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
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- The State Trading Corporation of India Ltd
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- Eastern Coal Council - USA
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- Aditya Birla Group - India
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- Electricity Generating Authority of Thailand
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- Mercator Lines Limited - India
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- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
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- ICICI Bank Limited - India
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