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Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
KOMIPOCOALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of  Bituminous Coal to be used at Boryeong & Shin Boryeong Power Plants for three years.
 
According to the bid notice no.: KOMIPO-Bid Notice-2021-LT06 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Total Quantity
520,000mt per year (130,000mt x 4 Capesize)
 
Shipments 
Min. 5,600kcal/kg (TS: 0.8% Max) (4 Cape) +/- 10% Shipping Tolerance
 
Shipping Schedule (Loading Basis)
For Australia and South Africa
[CY1] 1st : January, 2022; 2nd : February, 2022, 2021; 3rd~4th : Q1, 2022 ~ Q4, 2022
[CY2~CY3] Q1, 2023 ~ Q4, 2024 Evenly spread
 
Origin
Australia and South Africa
 
Price Basis
One single fixed price (USD) based on FOBT 
 
Quality
Total Moisture (arb) : Max. 15
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 18%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value  (arb) : Min 5,600 kcal/kg
 
Payment Terms
Telegraphic Transfer(T/T) payment basis only
 
Restrictions
New bidders are not allowed to attend this tender
The shipment size must be at least 130,000MT, with a gearless vessel. In case of bidding the port of Newcastle as a loading port, the quantity can be adjusted
 
Procurement Method
International e-tender
 
Bid closing date
10:00 Hrs on September 6, 2021 (Korean Standard Time)


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Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...


Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...


Tuesday, 09 November 21
ASIA-PACIFIC IS HOME TO SOME OF THE WORLD'S LARGEST CARBON-EMITTERS - 2 CHARTS SHOW ITS RELIANCE ON COAL - CNBC
Asia-Pacific is home to some of the world’s largest carbon emitters — and experts say much of global efforts to fight climate change de ...


Tuesday, 09 November 21
CHINA DAILY COAL OUTPUT HITS MULTI-YEAR PEAK, PRICES EXPECTED TO FALL - REUTERS
China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner sai ...


Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal o ...


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