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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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- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- The Treasury - Australian Government
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- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
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- Makarim & Taira - Indonesia
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- Port Waratah Coal Services - Australia
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- Meralco Power Generation, Philippines
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- VISA Power Limited - India
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- Ministry of Transport, Egypt
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- Interocean Group of Companies - India
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- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
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- Larsen & Toubro Limited - India
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- Ministry of Finance - Indonesia
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- Chamber of Mines of South Africa
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- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
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- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- The University of Queensland
- Coal and Oil Company - UAE
- Minerals Council of Australia
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- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
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- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
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- Gujarat Electricity Regulatory Commission - India
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- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
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- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
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- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
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- Australian Commodity Traders Exchange
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- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
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- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
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- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
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- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
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- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
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- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
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- IEA Clean Coal Centre - UK
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- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
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- Samtan Co., Ltd - South Korea
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- Economic Council, Georgia
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- Australian Coal Association
- Price Waterhouse Coopers - Russia
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