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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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- Lanco Infratech Ltd - India
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- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
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- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
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- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
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- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
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- Parliament of New Zealand
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- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
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- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Eastern Energy - Thailand
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- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
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- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
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- SMG Consultants - Indonesia
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- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
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- Heidelberg Cement - Germany
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- Australian Coal Association
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- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
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- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Salva Resources Pvt Ltd - India
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- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
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- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
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- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
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- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Romanian Commodities Exchange
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- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
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- Economic Council, Georgia
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- Singapore Mercantile Exchange
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