KOSEP has issued two tenders for a total of 380kt of thermal coal. Tender KOSEP-Coal-2012-SP02-1 is for 120,000 tonnes of minimum 5,500 kcal/kg coal either at FOBT or CFR prices.

Tender KOSEP-Coal-2012-SP02-2 is for 260kt of minimum 4,600 kcal/kg coal. Delivery for both tenders is between March 25 and June 30.

According to The Tex Report, bids close February 14. Meanwhile, Taipower has received 4.875 million tonnes of offers for its 1.125 million tonne sub bituminous tender which closed February 2.

Tex reports Taipower received offers from eight bidders including Glencore, Advance Trading, Flame SA, Vitol Asia and Right Link Industry.

(Sourced from coalportal.com)