Reuters reported that Korea Midland Power Co Ltd has bought 260,000 tonnes of Indonesian coal for January through June delivery but passed on tenders to buy 2 million tonnes of high calorific value coal.

The utility bought the sub-bituminous coal for delivery between January 1 and June 30 at about USD 98 per tonne on a free on board basis for 6,080 kilocalories per kilogram. Tenders to buy 4 million tonnes of coal closed on November 18.

(Sourced from Reuters)