The report said that the company has made the purchase of Indonesian and Australian origin at $63-$65 per tonne on a free-on-board (FOB) basis for 6,080kcal/kg (NG) and $56-$58 per tonne on a FOB basis for 4,900-5,350kcal/kg (NG).

According to Reuters, for the purchased tender, initially about five million tonnes were offered by 24 proposals for Indonesia, Australia and South Africa origins.

KOSEP did not purchase an additional 60,000 tonnes as it received no bids.