Indonesia: Kaltim closes 15,000 t December sales tender

摘要

Kaltim is reported to have closed a 15,000 t sales tender for December loading on 29 November, with the producer said to have been targeting an award in the region of $540/t FOB. Latest unconfirmed reports have suggested a possible purchase below this level at $520/t FOB, though further details are unclear. If confirmed, this would mark a $55/t decline on last business done in the region, when Kaltim sold a 25,000 t cargo via tender to Mitsui at $575/t FOB.