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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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- Ambuja Cements Ltd - India
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- Indian Oil Corporation Limited
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- Banpu Public Company Limited - Thailand
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- Bhatia International Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
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- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
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- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
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- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
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- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
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- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Coal and Oil Company - UAE
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- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
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- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
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- Kohat Cement Company Ltd. - Pakistan
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- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
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- Eastern Energy - Thailand
- Deloitte Consulting - India
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- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- The University of Queensland
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- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Minerals Council of Australia
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- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
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- Attock Cement Pakistan Limited
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
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- Georgia Ports Authority, United States
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- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
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- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
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- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
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- Indian Energy Exchange, India
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- Heidelberg Cement - Germany
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