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Wednesday, 19 February 20
KOREA MIDLAND POWER INVITED BIDS FOR 1 MILLION TONS OF HCV AND LCV COAL FOR Q2- Q4 LOADING
 COALspot.com: Korea Midland Power Co. Ltd, (KOMIPO). has issued an international tender for total 1 million MT of coal for April to December 2020 loading.
According to the bid notice No. KOMIPO-Bid Notice-2020-LT01~LT02 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
[LT01] Min.5,700 NAR Coal - 520,000 MT (4 Cape * 130,000 MT)
[LT02] 4,700 - 4,999 NAR Coal - 480,000 MT (6 Panamax * 80,000 MT)
Shipping Schedule
Min.5,700 NAR Coal
[CY1] 1st : April.2020 | 2nd : May 2020 | 3rd : : Q3. 2020 | 4th: : Q4. 2020
[CY2-CY4] Evenly spread
4,700 - 4,999 NAR Coal
[CY1] 1st : May 2020 | 2nd : June 2020 | 3rd to 6th: Q3 or Q4
[CY2~CY4] Evenly spread
Quality
Min.5,700 NAR Coal
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.7%
Net Calorific Value (arb) : Min 5,600 kcal/kg
4700 - 4999 NAR Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.3%
Net Calorific Value (arb) : 4700 - 4999 kcal/kg
Restriction
[LT01] Australian coal only
[LT02] Indonesian and/or Russian Coal only.
[LT02] The Coal must be supplied entirely from a single mine owned by the successful bidder(s).
[LT01-LT02] Multiple origins are not allowed to attend.
[LT01-LT02] New bidders are not allowed to attend this tender
Procurement Method
International e-tender
Bid closing date
10:00 hrs on February 26, 2020 (Korea Standard Time)
The Bid Documents must be delivered in person, by mail or courier to the address below to arrive by no later than the Bid Closing Date:
Mr. You Shin Kim/ General Manager / Fuel Management Team, 1st floor Information Desk, Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea
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Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
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- Electricity Generating Authority of Thailand
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- Bhatia International Limited - India
- Goldman Sachs - Singapore
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- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
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