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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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- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
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- Salva Resources Pvt Ltd - India
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- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
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- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
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- India Bulls Power Limited - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
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- Dalmia Cement Bharat India
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- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Australian Coal Association
- The State Trading Corporation of India Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bukit Makmur.PT - Indonesia
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- White Energy Company Limited
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- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
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- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
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- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
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- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
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- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
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- Singapore Mercantile Exchange
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- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
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- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Independent Power Producers Association of India
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- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
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- Electricity Authority, New Zealand
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- PowerSource Philippines DevCo
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- Antam Resourcindo - Indonesia
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- Price Waterhouse Coopers - Russia
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- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
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- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
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- Thiess Contractors Indonesia
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