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Tuesday, February 7, 2012

KOSEP calls for thermal coal tenders

Tuesday, 07 Feb 2012

KOSEP has issued two tenders for a total of 380kt of thermal coal. Tender KOSEP-Coal-2012-SP02-1 is for 120,000 tonnes of minimum 5,500 kcal/kg coal either at FOBT or CFR prices.

Tender KOSEP-Coal-2012-SP02-2 is for 260kt of minimum 4,600 kcal/kg coal. Delivery for both tenders is between March 25 and June 30.

According to The Tex Report, bids close February 14. Meanwhile, Taipower has received 4.875 million tonnes of offers for its 1.125 million tonne sub bituminous tender which closed February 2.

Tex reports Taipower received offers from eight bidders including Glencore, Advance Trading, Flame SA, Vitol Asia and Right Link Industry.

(Sourced from coalportal.com)

1 comment:

coalportal said...

Have you seen whats been reported in coal industry and coal reports lately? The latest coal market news is all about emerging countries are predicting to use large amounts of thermal coal for power generation and coal mining for steel production and they are investing heavily onshore and offshore to secure the coal they need so that they can meet increasing demand for electricity and steel. Cherry of www.coalportal.com