Friday, 20 Jan 2012
Reuters reported that Korea South East Power Co Ltd bought a total of 390,000 tonnes of sub-bituminous or bituminous coal for delivery between January and April via tenders closed last Wednesday.
The source said the utility purchased 260,000 tonnes of coal of Australian and Russian origins from SUEK OAO and 130,000 tonnes of Indonesian from Berau Coal Energy Tbk PT on a free-on-board (FOB) basis.
The source declined to disclose the deal prices, and shipment details are as follows:
Tonne Specification(NAR) Shipment
260,000 min 4,600 kcal/kg Jan 25, 2012-Apr 30, 2012
130,000 min 5,500 kcal/kg Jan 25, 2012-Apr 30, 2012
(Sourced from Reuters)
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