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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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- Mjunction Services Limited - India
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- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
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- Wilmar Investment Holdings
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- Planning Commission, India
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- Ministry of Mines - Canada
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- Australian Coal Association
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- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
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- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
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- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
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- Indonesian Coal Mining Association
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- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Finance - Indonesia
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- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- The University of Queensland
- PTC India Limited - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
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- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
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- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
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- Antam Resourcindo - Indonesia
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- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
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- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Deloitte Consulting - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
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- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
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- New Zealand Coal & Carbon
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- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
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- OPG Power Generation Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- London Commodity Brokers - England
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- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
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- South Luzon Thermal Energy Corporation
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- Economic Council, Georgia
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- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
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