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Tuesday, 23 August 16
KOMIPO TO IMPORT 250K OF 5,700 KCAL/KG NAR COAL FOR Q4' 16
KOMIPOCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for total 250,000 Metric Tons of Bituminous Coal for its Boryeong Power Plant.
 
Bidders are requested to offer with quotation in FOBT (Quarterly Newc Index +/– US$ 0.0 per MT) volume of 125,000 MT (Russian and Chinese coal are not allowed) and FOBT (Quarterly API2 Index published at the Argus/McCloskey's Coal +/– US$ 0.0 per MT) volume of 125,000 MT (Only Western Russian and Colombian coal is allowed) of 5,700 kcal/kg NAR coal for loading Q4’ 2016 (125,000 mt × 2).
 
KOMIPO requires suppliers to offer Bituminous Coal with the quality such as total moisture (as received basis) max. 15%, volatile matter (adb) 22 – 38%, total sulfur (arb) max 1% and Ash (adb) max 17% and Min 5,700 - Max 6,100 on Net Calorific Value.
 
Submissions of bids should not later than 14:00 hrs on August 26, 2016 (Korean Standard Time).
 
The Bid documents can be submitted in person, by mail or courier not later than July 13, 2016 to Mr. Min-Soo Kim, General Manager / Fuel & Resource Team, Smartwork center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea. Last update on 23/08/16 @ 16:13 hrs GMT+8


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Friday, 12 August 16
U.S. WEEKLY COAL OUTPUT ENDING AUGUST 6 FELL SLIGHTLY
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.9 million short ton ...


Thursday, 11 August 16
CAPESIZE THE PACIFIC SIDE IS LOOKING MORE POSITIVE, DRIVEN BY AUSTRALIAN IRON ORE - FEARNLEYS
Supramax Rates continue to be under pressure with index ending up with 639 points and average TC value at USD6,680, said Fearnleys. Fearnleys A/S ...


Thursday, 11 August 16
EIA ESTIMATES THE DELIVERED COAL PRICE TO U.S. ELECTRIC UTILITIES IN 2017 AVERAGED $2.24/MMBTU; $0.05/MMBTU HIGHER THAN 2016 ESTIMATES
Coal Supply U.S. coal production in July was 65 million short tons (MMst), an 8 MMst (14%) increase from the previous month but 11 MMst (15%) low ...


Wednesday, 10 August 16
THE DRY BULK MARKET KEPT SOFTENING LAST WEEK; WE CAN SEE MUCH HEALTHIER NUMBERS STARTING SEPTEMBER
The Dry Bulk market kept softening last week as we have now started going through the traditionally quieter days of the summer season peak period, ...


Wednesday, 10 August 16
THE INDONESIAN DRAFT NEW MINING LAW - AMENDMENTS TO THE 2009 MINING LAW
KNOWLEDGE TO ELEVATE COALspot.com: A draft mining law published by Indonesia's Minister of Energy and Mineral Resources provides use ...


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