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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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- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Wilmar Investment Holdings
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- The Treasury - Australian Government
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- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
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- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
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- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
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- Australian Coal Association
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- Petrochimia International Co. Ltd.- Taiwan
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- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
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- Altura Mining Limited, Indonesia
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- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
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- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Interocean Group of Companies - India
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- Kohat Cement Company Ltd. - Pakistan
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- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
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- Energy Link Ltd, New Zealand
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- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
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- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
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- Australian Commodity Traders Exchange
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
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- Power Finance Corporation Ltd., India
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- The University of Queensland
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- Economic Council, Georgia
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- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
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- Electricity Authority, New Zealand
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- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
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- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
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- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
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- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
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