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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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- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
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- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
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- Ministry of Finance - Indonesia
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- Global Business Power Corporation, Philippines
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- Australian Commodity Traders Exchange
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- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
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- Madhucon Powers Ltd - India
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- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Planning Commission, India
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- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Agrawal Coal Company - India
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- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
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- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
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- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Commonwealth Bank - Australia
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- White Energy Company Limited
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
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- Gujarat Sidhee Cement - India
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- Economic Council, Georgia
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- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
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- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
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- Timah Investasi Mineral - Indoneisa
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- Singapore Mercantile Exchange
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- Videocon Industries ltd - India
- Independent Power Producers Association of India
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- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
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- Bukit Makmur.PT - Indonesia
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- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
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- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
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- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
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