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  • S.Korea’s KOSEP buys 60,000 T of coal for March

    1,464views 2014-12-17 14:50 

    Korea South-East Power Co Ltd (KOSEP) bought 60,000 tonnes of anthracite coal via a reissued tender that closed on Dec. 11, a source from the utility said.

    The shipment is scheduled to arrive at Donghae port early March, 2015. The source declined to disclose supplier information, but other details of the purchase are as follows:
    TONNES SPECIFICATION(NAR) ORIGIN PRICE(FOB/T)
    60,000 6,000kcal/kg Russia $74-75

    * Note: NAR stands for Net As Received, and the above price is reported on a 6,080kcal/kg basis. The procurement is for Yeongdong Thermal Power Plant.
    Source: Reuters (Reporting By Brian Kim; Editing by Sunil Nair)

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