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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
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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- Aboitiz Power Corporation - Philippines
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- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
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- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
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- Dalmia Cement Bharat India
- Australian Coal Association
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- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Deloitte Consulting - India
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- Ceylon Electricity Board - Sri Lanka
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- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
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- Eastern Coal Council - USA
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- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
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- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
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- Global Green Power PLC Corporation, Philippines
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- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
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- Kumho Petrochemical, South Korea
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- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Economic Council, Georgia
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- Goldman Sachs - Singapore
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- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
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- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
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- Alfred C Toepfer International GmbH - Germany
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- Larsen & Toubro Limited - India
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- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Wilmar Investment Holdings
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- Ministry of Mines - Canada
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