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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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- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
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- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Australian Coal Association
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
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- Vedanta Resources Plc - India
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- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
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- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
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- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
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- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
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- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
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- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
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- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
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- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
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- New Zealand Coal & Carbon
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Planning Commission, India
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- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
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- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
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- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
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- Ministry of Transport, Egypt
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- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
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- Australian Commodity Traders Exchange
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- Directorate General of MIneral and Coal - Indonesia
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- Orica Australia Pty. Ltd.
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- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
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- The Treasury - Australian Government
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