SEOUL - Korea Midland Power Co Ltd (KOMIPO) has bought up to 545,000 tonnes of coal for shipment in September and October via tenders closed on July 31, a source from the utility said on Friday. Details of the purchase minimum net calorific value (NCV) of 4,600 kcal/kg are as follows:
TONNES PRICE(FOB/T) SUPPLIER ORIGIN
140,000 around $49 Flame SA Indonesia STX Corp
50,000-70,000 around $49 Samsung C&T Corp Russia
210,000 around $49 Flame SA Indonesia
Avra Glencore Int’l AG Details of the purchase of minimum NCV of 5,300kcal/kg are as follows:
TONNES PRICE(FOB/T) SUPPLIER ORIGIN
125,000 around $49 Total Australia
* Note: Procurement is for the Boryeong Power Plant. Prices reported above are based on a 6,080kcal/kg basis.