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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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- Maheswari Brothers Coal Limited - India
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- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
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- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
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- Romanian Commodities Exchange
- Parliament of New Zealand
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- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
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- SMG Consultants - Indonesia
- Marubeni Corporation - India
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- Orica Australia Pty. Ltd.
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- Pipit Mutiara Jaya. PT, Indonesia
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- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
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- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
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- Madhucon Powers Ltd - India
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- Africa Commodities Group - South Africa
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- Indonesian Coal Mining Association
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- The University of Queensland
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- Sical Logistics Limited - India
- Medco Energi Mining Internasional
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- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
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- Deloitte Consulting - India
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- GVK Power & Infra Limited - India
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- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Indian Oil Corporation Limited
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- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
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- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Posco Energy - South Korea
- Interocean Group of Companies - India
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- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
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- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
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- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Singapore Mercantile Exchange
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- Indogreen Group - Indonesia
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- Minerals Council of Australia
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- Kohat Cement Company Ltd. - Pakistan
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- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
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