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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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- Krishnapatnam Port Company Ltd. - India
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- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
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- Orica Australia Pty. Ltd.
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- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
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- Aboitiz Power Corporation - Philippines
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- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
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- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
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- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Australian Coal Association
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
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- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- The Treasury - Australian Government
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- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
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- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
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- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- The University of Queensland
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
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- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
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- CIMB Investment Bank - Malaysia
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- Romanian Commodities Exchange
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- MS Steel International - UAE
- Aditya Birla Group - India
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- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
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- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
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- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
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- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
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- Eastern Coal Council - USA
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- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
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- Planning Commission, India
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- Neyveli Lignite Corporation Ltd, - India
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