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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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- Vijayanagar Sugar Pvt Ltd - India
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- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
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- Kohat Cement Company Ltd. - Pakistan
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Planning Commission, India
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- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
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- Essar Steel Hazira Ltd - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Posco Energy - South Korea
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- IEA Clean Coal Centre - UK
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- White Energy Company Limited
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- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
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- GMR Energy Limited - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
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- SMG Consultants - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
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- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
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- London Commodity Brokers - England
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- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
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- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
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- Coal and Oil Company - UAE
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- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- PTC India Limited - India
- Australian Coal Association
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
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- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
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- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
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- Romanian Commodities Exchange
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- The University of Queensland
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- Economic Council, Georgia
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- Electricity Authority, New Zealand
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- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
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- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
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- Attock Cement Pakistan Limited
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- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
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