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S.Korea's KOSPO buys 212,000 T coal for Nov-Dec

Published 13/10/2015, 05:56 pm
© Reuters.  S.Korea's KOSPO buys 212,000 T coal for Nov-Dec

Oct 13 (Reuters) - Korea Southern Power Co Ltd (KOSPO) KEPCOS.UL bought 212,000 tonnes of Indonesian and Australian coal for loading in November and December via two spot tenders closed on Oct. 8, a source from the utility said on Tuesday.

The utility initially sought a total of 440,000 tonnes of steaming coal via four spot tenders, but passed on two, the source said.

The passed tenders will be reissued later on Tuesday.

The utility declined to disclose the price and supplier information of the purchased tenders, but other details are as follows:

TONNES

SPECIFICATION(NCV) ORIGIN

LOADING SCHEDULE

74,000

only 4,700kcal/kg

Indonesia

December, 2015

138,000 min. 5,500kcal/kg

Australia

Nov. 11-20, 2015

* Note: NCV stands for Net Calorific Value.

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