S.Korea's KOMIPO buys 570,000 T coal for July-Sept
SEOUL, May 9 (Reuters) - Korea Midland Power Co Ltd (KOMIPO) has bought 570,000 tonnes of Colombian, Russian and Indonesian bituminous coal for shipment between July and September via three spot tenders that closed on May 4, a source from the utility said on Monday. One of the tenders had originally been for 210,000 tonnes of bituminous coal, but the utility only bought 70,000 tonnes as the price was too high. Another tender for 160,000 tonnes of anthracite coal was cancelled as the bid price was too high. The utility said it was unsure when the tenders will be reissued. Details are as follows: TONNES SPECIFICATION(NAR) ORIGIN SUPPLIER PRICE(CFR/T) 250,000 min. 5,700kcal/kg Colombia CMS Around $44 250,000 min. 5,700kcal/kg Russia Mir Trade Around $54 70,000 min. 4,600kcal/kg Indonesia STX Corp Around $42 (Reporting by Rebecca Jang and Jee Heun Kahng; Editing by Subhranshu Sahu)
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