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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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- Gujarat Mineral Development Corp Ltd - India
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- The University of Queensland
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- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
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- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
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- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
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- Planning Commission, India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
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- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
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- Mercuria Energy - Indonesia
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- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- CNBM International Corporation - China
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
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- Coal and Oil Company - UAE
- White Energy Company Limited
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- Kaltim Prima Coal - Indonesia
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- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
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- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
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- Kobexindo Tractors - Indoneisa
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- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
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- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
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- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
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- Ceylon Electricity Board - Sri Lanka
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- Kartika Selabumi Mining - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Carbofer General Trading SA - India
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- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
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- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
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- Ministry of Finance - Indonesia
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