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Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South East Power Co Ltd (KOSEP) bought 1.06 million tonnes of coal for delivery between next month and February 2010 from six sellers via a tender closed on Sept. 8, a source close to the deal said on Wednesday.
KOSEP made the purchase of Indonesian and Australian origin at $63-$65 per tonne on a free-on-board (FOB) basis for 6,080 kcal/kg (NG) and $56-$58 per tonne on a FOB basis for 4,900-5,350 kcal/kg (NG). Details of the six sellers were not available.
For the purchased tender, initially about five million tonnes were offered by 24 proposals for Indonesia, Australia and South Africa origins, the source said.
KOSEP did not buy an additional 60,000 tonnes because it received no bids, the source added.
Source: Reuters
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Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
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