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Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
 COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June 2020 loading.
According to the bid notice No. ITB no.(Bid Notice no) KOEN-Coal-2020-SP03~05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
SP03 (HCV): Min.5,600 (TS: Max 0.8%) NCV Coal - 150kt±10% (1 Cape)
SP04 (LCV): Min.4,400~Max.4,800 (TS:Max 0.6%) NCV Coal - 160kt±10% (2 Panamax)
SP05 (ULCV): Min.3,700~Max.4,000 (TS:Max 0.4%) NCV Coal - 80kt±10% (1 Panamax)
Shipping Schedule
SP03 (HCV): May, 2020 (South Africa Only) or May 2H-June 1H (Colombia and West Russia only)
SP04 (LCV): May, 2020 (Single Mine Only)
SP05 (ULCV): May, 2020 (Single Mine Only)
Quality
SP03 (HCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,600 kcal/kg
SP04 (LCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min. 4,400-Max. 4,800 kcal/kg
SP05 (ULCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 1%
Net Calorific Value (arb) : Min. 3,700-Max. 4,000 kcal/kg
Restriction
SP03 (HCV): Not allowed from Indonesia, Australia, North America and East Russia
Procurement Method
International e-tender
Bid closing date
10:30 A.M. KST on 19th of March, 2020. (Korea Standard Time). The Bid documents shall be submitted through the KOEN website not later than the dead line
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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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