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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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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- The University of Queensland
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- Mjunction Services Limited - India
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- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
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- Economic Council, Georgia
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- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
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- Interocean Group of Companies - India
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- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
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- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
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- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
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- Electricity Generating Authority of Thailand
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- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
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- VISA Power Limited - India
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- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
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- Cement Manufacturers Association - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
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- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
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- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
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- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Deloitte Consulting - India
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- MS Steel International - UAE
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- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
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- Siam City Cement PLC, Thailand
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- Australian Commodity Traders Exchange
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- Standard Chartered Bank - UAE
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
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- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
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- New Zealand Coal & Carbon
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
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