China's top coal producer China Shenhua Energy Co Ltd has sold a February-loading thermal coal shipment to a South Korean buyer at $142 per tonne on a free-on-board (FOB) basis, two sources with knowledge of the deal said on Jan 10.
The deal, sealed mid-last week, was for coal with a heating value of 5,800 kcal/kg, said the sources, who asked not to be identified because it was a commercially sensitive issue.
The sale comes as a devastating flood hit Australia's eastern Queensland state, knocking out an estimated 3-4.5 million tonnes of global thermal coal exports and prompting many South Korean and Japanese utilities to scour the market for alternative supplies.
News via Reuters, Jan10 ,2011
Showing posts with label 800 kcal/kg. Show all posts
Showing posts with label 800 kcal/kg. Show all posts
Monday, January 10, 2011
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