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  • KOMIPO INVITES BIDS FOR 260,000 MT OF MIN. 5700 KCAL/KG NAR COLOMBIAN COAL FEB-MAR 2020 LOADING. BID SUBMISSION ON OR BEFORE 1400 HRS ON NOVEMBER 22, 2019 (KST)
  • EIA FORECASTS THAT U.S. COAL PRODUCTION IN 2020 WILL TOTAL 607 MMST APPROXIMATELY 19.70% DECRESAE FROM THE 2018 LEVEL
  • EIA EXPECTS TOTAL U.S. COAL PRODUCTION IN 2019 TO TOTAL 698 MILLION SHORT TONS (MMST), AN 8% DECREASE FROM THE 2018 LEVEL OF 756 MMST
  • EIA EXPECTS U.S. STEAM COAL EXPORTS TO FACE INCREASING COMPETITION FROM EASTERN EUROPEAN SOURCES, AND THAT RUSSIA WILL FILL A GROWING SHARE OF STEAM COAL TRADE, CAUSING U.S. COAL EXPORTS TO FALL IN 2020
  • NOV 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.27 A TON
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Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
KOMIPOCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants.

According to the tender No. KOMIPO-Bid Notice-2018-SP01 terms, coal suppliers are required offer130,000 mt minimum 5700 kcal/kg NAR coal on One single fixed price on FOBT. The Cargo loading should be completed by July 2018.

Shipment Size
Shipment size shall vary from 70,000 mt to 180,000mt (One Capesize or 2 panamax cargoes) depending on KOMIPO’s in-house fleet vessel availability.

Price
Bidders must propose a price calculated on an FOBT during May 2018.

Origin
Australia only

Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 23%
Total Sulfur (arb) Max 1%
Net Calorific Value minimum 5700 Kcal/Kg minimum

Bid closing date
May 31, 2018 14:00 KST

The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel 1 Team, Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.


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