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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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- Madhucon Powers Ltd - India
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- The State Trading Corporation of India Ltd
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- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
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- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
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- Riau Bara Harum - Indonesia
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- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
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- CNBM International Corporation - China
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- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
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- SMC Global Power, Philippines
- Indian Oil Corporation Limited
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- The University of Queensland
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- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
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- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
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- Australian Coal Association
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- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
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- Kepco SPC Power Corporation, Philippines
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- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
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- Parliament of New Zealand
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- Kideco Jaya Agung - Indonesia
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- Planning Commission, India
- Oldendorff Carriers - Singapore
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- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
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- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
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- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
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- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
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- Alfred C Toepfer International GmbH - Germany
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- Economic Council, Georgia
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