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S.Korea's WP buys 220,000 T coal for March-April

Published 21/12/2015, 01:06 pm
© Reuters.  S.Korea's WP buys 220,000 T coal for March-April
NOBG
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GLEN
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SEOUL, Dec 21 (Reuters) - Korea Western Power Co Ltd (WP) KRPOWE.UL bought 220,000 tonnes of Australian steaming coal for loading in March and April via two tenders closed on Dec. 18, a source from the utility said on Monday.

Details are as follows:

TONNES SPECIFICATION(NCV) SUPPLIER

PRICE(FOB/T)

110,000 min. 5,700kcal/kg Noble Group Ltd

$45-46

NOBG.SI

110,000 min. 4,600kcal/kg Glencore (L:GLEN) Int'l AG $43-44

GLEN.UL

* Note: NCV stands for Net Calorific Value, and the above prices are reported on a 6,080 kcal/kg basis.

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