Tag: South Korea
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South Korea: Australia-Indonesia Panamax coal freight spread widens in latest KEPCO tender
Newcastle-Hadong freight crosses $23/t Indonesia-origin rates remain below $15/t South Korea’s Panamax coal freight market showed a wider divergence between Australia and Indonesia origins on 9 September, with Australia-linked rates rising sharply while Indonesia fixtures remained below the $15/t mark in KEPCO’s latest tenders. Korea Line was fixed at $23.21/tonne (t) FIO for 80,000 t…