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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
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- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
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- Medco Energi Mining Internasional
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- India Bulls Power Limited - India
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- London Commodity Brokers - England
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- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Finance - Indonesia
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- Formosa Plastics Group - Taiwan
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- The State Trading Corporation of India Ltd
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- Rio Tinto Coal - Australia
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- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- The University of Queensland
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- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
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- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
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- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
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- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
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- Carbofer General Trading SA - India
- Parliament of New Zealand
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- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
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- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
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- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
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- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
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- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
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- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
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- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
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- Bhoruka Overseas - Indonesia
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- Mintek Dendrill Indonesia
- Minerals Council of Australia
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- Economic Council, Georgia
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- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
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- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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