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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, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg NCV coal for Sep. - Dec., 2019 loading.
 
According to the terms & conditions of bid notice no. KOSPO-Coal-2019-ELT06, bidders are requested to offer Min. 3 CAPE in lots of 133,000MT (for shipment from Newcastle, Australia) or 145,000MT (for shipment from any port except Newcastle) on FOBT price basis only for 1st contract year. Any Origin except eastern Russia, China & Indonesia are acceptebale
 
Shipment Size
3 X 133,000 - 140,000 MT (±10%) September , 2019 : 1 CAPE and October~December, 2019 : 2 CAPES
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Loading Schedule
Sep. - Dec., 2019. 
Deliveries of coal shall begin from September 2019 and shall continue thereafter for a period of three (3) years until December 2021.
 
Contract Period
1st year (September 2019 ~ December 2019)
2nd year (January 2020 ~ December 2020)
3rd year (January 2021 ~ December 2021)
 
Quality 
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.75%
Net Calorific Value Min. 5,600 Kcal/Kg ( max 5,600 Kcal/Kg)
 
Procurement Method
International e-tender
 
Bid closing date
10:00 June 14, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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