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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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- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
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- Goldman Sachs - Singapore
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- Tata Chemicals Ltd - India
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- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
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- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
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- Vedanta Resources Plc - India
- London Commodity Brokers - England
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- The University of Queensland
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- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
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- Miang Besar Coal Terminal - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
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- Straits Asia Resources Limited - Singapore
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- Sree Jayajothi Cements Limited - India
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- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
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- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
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- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
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- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
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- Rashtriya Ispat Nigam Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
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- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
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- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
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- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
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- Xindia Steels Limited - India
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- Gujarat Electricity Regulatory Commission - India
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- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
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- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
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- Wilmar Investment Holdings
- Parliament of New Zealand
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- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
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- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
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