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Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
 COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000 MT of Bituminous Coal to be used at Korean Genco’s Power Plants.
According to the bid notice No. Bid Notice No. K.Genco-COAL-2020-JT-10 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
715,000 (±10%) (5 Capes)
Shipments
Min. 5,700kcal/kg (TS: 0.8% Max) (5 Cape) +/- 10% Shipping Tolerance
Shipping Schedule
Australian & Canadian Port: December, 2020 : 5 shipments
Other Port: In this case, Gencos can designate the month of shipments.
Origin
The coal to be delivered shall be entirely supplied from a single mine.
Price Basis
One single fixed price (USD) based on FOBT
Quality
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,700 kcal/kg
Payment Terms
Telegraphic Transfer(T/T) payment basis only
Restrictions
New bidders are not allowed to attend this tender
Russian, Indonesian, Chinese coal are not allowed to participate
Procurement Method
International e-tender
Submission of Bid Documents
The Bid Documents shall be submitted by designated e-mail below not later than the deadline. E-mail : mh.lee @ komipo.co.kr and tulip777 @ komipo.co.kr
Bid closing date
10:00 hrs on 22 October, 2020 (Korean Standard Time).
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Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...
Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...
Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
...
Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...
Wednesday, 07 October 20
U.S. COAL PRODUCTION TO DECREASE BY 26 PERCENT IN 2020 COMPARED TO 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 525 million short tons (MMst), compared with 705 MMst in 2019, a 26% decrease.
COVID-19 a ...
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