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S.Korea's KOEN buys 1.6 mln T/Y coal for 2016-2019

Published 05/09/2016, 03:14 pm
Updated 05/09/2016, 03:20 pm
© Reuters.  S.Korea's KOEN buys 1.6 mln T/Y coal for 2016-2019

SEOUL, Sept 5 (Reuters) - Korea South-East Power Co Ltd (KOEN) bought a combined 1.6 million tonnes of coal per year via three-year term tenders that closed on Aug. 30, a source from the utility said on Monday.

The source declined to provide supplier details and other details are as follows:

--For November 2016-March 2019 term tender

TONNES/YR PRICE(FOB/T)

ORIGIN

390,000 mid-$65

Australia

150,000 mid-$65

Russia

--For November 2016-June 2019 term tender

TONNES/YR PRICE(FOB/T)

ORIGIN

450,000 around $65

Australia

130,000 around $65

Australia

--For November 2016-March 2019 term tender

TONNES/YR PRICE(FOB/T)

ORIGIN

480,000 around $57

Indonesia

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