April 26, 2013
India imported around 125-130 million tons of coal in FY 2013
Portwise Coal Imports- March'13
Increasing demand for coal in the country forced Indian buyers to import more coal in 2012-2013 as domestic supply did not match total demand.
0.22
HALDIA
0.21 0.30 0.46
INDIAN PORTS
JAIGARH
During the FY 2013, nearly 127.25 MnT of coal has been imported (i.e. April 2012 – March 2013), as per Indian custom data against 105 million tons in 2011-2012
0.08
Kandla
0.00
GOA
0.03
DAHEJ
Mundra
0.60 0.65 0.26 0.55 0.49 0.39
PARADIP KRISHNAPATNAM
0.58
0.00
VIZAG
Coal demand for the year 2013-14 is estimated at 769.7 MnT and the total Indian coal production is estimated to be 604.6 MnT (including captive). Thus, the estimated gap of 165.14 MnT of coal will need to be met through imports which is about 30% more compared to current import.
3.49
OTHERS
1.13
0.00
2.37 0.00 0.00
0.50
1.00
1.50
2.00
2.50
3.00
Qty in million tons
3.50
STEAM
4.00
COKING
Non-Coking Coal Market remains Stable Global Coking Coal Index Prices Particular (FOB Australia) in $/MT 24-Apr
Spot HCC prices remain downward
Platts Premium Low Vol
148.00
Spot metallurgical coal prices in Asian market continues to decline due to cautious Indian and Chinese buyers amid 153.00 158.50 good supply from Australia.
Platts HCC 64 Mid Vol
132.00
139.00 143.00 Low buying interest in the market is seen with small vol-
2 Week
4 week
umes being purchased by the end users of the material, said sources. "Demand is not impressive, but it’s moving slowly", said a source based in Singapore. Current price for Premium Low Volume is at $148/MT (FoB Australia) converting to $166/MT CFR India. Whereas, HCC 64 mid volume is at $132/MT FoB. Freight charge from Australia to India is at around $18/MT on panamax basis.
Prices for Indonesian material remain at same level due to booked shipments till May. "Movement in prices (up and down) will be seen after May as Indonesia is fulfilling the supply orders till May end at same price level", said an importer based in Mumbai.
Global Non-Coking Coal Prices Origin Destination Grade Port Port (in kcal) GCV
Avg. Freight
CNF ($/MT)
Indonesia
ECI
3800 GAR
37
12.00
49.00
Indonesia
WCI
4000 GAR
40
14.50
54.50
WCI ECI
4200 GAR 6000 NAR
43 80
14.50 18.00
57.50 98.00
Current price offers for RB1 (South Africa) is at $80/MT Indonesia (FoB Richards Bay ), whereas Indonesian 3800 GAR is at South Africa $37 and 4200 GAR is at $43/MT respectively. Supramax freight charge from Indonesia (South Kalimantan) remains stable at $12/MT for ECI and $14.5/Mt for WCI.
FOB ($/MT)
WCI - West Coast India ECI - East Coast India
April 26, 2013
Growing Imported Coal Market in India
India's Coal Import 100.0
QTY(inmillion tons)
90.0 80.0 70.0 60.0
Coking Coal
50.0
Thermal Coal
40.0 30.0 20.0
Demand-Supply Gap Year 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 (E) 2012-17 (XII Plan)
Supply 430.8 457 490 514.5 536.1 554 580 759.6
Demand 463.9 504.3 546.1 582.3 624.8 696 772.8 1,000-1,050
GAP 33.1 47.3 56.1 67.8 88.7 142 192.8 250-300
(Source: Working Group Report MOC, Govt. of India)
10.0
Widening demand-supply gap is continuously encouraging imports in the country. At present, India ranks fourth in coal imports and the major sources are Indonesia, Australia and South Africa. Canada, Mozambique and USA.
0.0
India’s coal production has increased from ~554 million tons (MnT) in 2011-12 to ~557 MnT in 2012-13 (an increase of 0.5%). On the other hand, demand for coal has grown at CAGR (Compound Annual Growth Rate) of more than 7% in the last decade and has reached around 696 MnT (2011-12) as against the production growth of ~5%. It is further anticipated that coal production will grow at a CAGR of around 7-9% during 2013-14. According to the report of the Working Group of Coal and Lignite for the 12th Five Year Plan, coal demand in India is projected to grow at a CAGR of 7.1% till 2016-17 and reach 980.5 MnT.
Vessel Freight Load Port SUPRAMAX Taboneo (Indonesia) Taboneo (Indonesia) Richards Bay (S.Africa) Richards Bay (S.Africa) Richards Bay (S.Africa) PANAMAX North Pulau Laut(Indonesia) North Pulau Laut(Indonesia) North Pulau Laut(Indonesia) Richards Bay (S.Africa) Richards Bay (S.Africa) Richards Bay (S.Africa) Richards Bay (S.Africa)
Discharge Port
Cargo Qty
Current (USD/MT) (22-04-2013)
Previous (USD/MT) Change (15-04-2013)
Chennai Navalakhi Kandla Chennai Paradip
50,000 MT 53,000 MT 53,000 MT 50,000 MT 53,000 MT
11.30 13.60 20.50 20.00 20.00
11.20 13.60 21.60 21.10 21.20
0.1 0.0 -1.1 -1.1 -1.2
Mundra Goa Dahej Paradip Mundra Goa Dahej
71,500 MT 71,500 MT 68,000 MT 68,000 MT 71,500 MT 71,500 MT 68,000 MT
9.80 10.00 10.70 19.20 16.50 16.60 18.10
9.60 9.90 10.70 19.20 16.50 16.70 18.20
0.2 0.1 0.0 0.0 0.0 -0.1 -0.1
April 26, 2013
Vessels expected at Major Ports as on April 26,2013 Name of the Vessel Vizag MV.DORIC LIBERTY MV.STX GLOBAL MV.MALAVIKA MV.OCEAN LIBRA MV.SPAR TAURUS MV.STX CLOVER KRISHNAPATNAM MV NAVIOUS STELLAR MV SILVER FREN MV NIGHT HWAK MV CAPE BRITANNIA MV GALVESTON SOUTHERN HARMONY DHAMRA M.V.CAPE PEONY M.V.HOUHENG3 M.V.FRONTIER QUEEN M.V.AMIS WISDOM 3 M.V.PRONOI R PARADIP MV.ATLANTIC HORIZON MV.SHROPSHIRE MV.MEDI IMABARI MV.CONTI OPAL MV.TAN BINH 22 HALDIA MV. TRADE WILL MV. NAVIOS KYPROS MV. ASTRA PERSUES MV. SHI ZI SHAN MV. ANGLE STAR
ETA / Arrival
Cargo
Qty (MT)
Receiver
PORT
41390 41392 41392 41393 41394 41400
STEAM COAL COKING COAL COKING COAL COKING COAL STEAM COAL COKING COAL
78750 79892 44656 79000 53000 79043
GANDHAR JAYASWAL NECO
-
26.04.13 27.04.13 27.04.13 28.04.13 30.04.13 30.04.13
S.COAL COAL S.COAL S.COAL S.COAL S.COAL
161749 55000 165000 30000 165000
INDIA CEMENTS,BHATIA ARS METALS LTD INDIA,PARASHKTI,KCP,MADRAS CEMENTS RENUKA ENERGY. ADANI
RICHARDS BAY INDONESIA RICHARDS BAY INDONESIA INDONESIA
26.04.2013 27.04.2013 28.04.2013 03.05.2013 04.05.2013
S.COAL S.COAL C.COAL C.COAL C.COAL
150000 150000 150000 33000 54973
VISA STEMCORE TATA STEEL LTD TATA STEEL LTD BHUSHAN STEEL LTD
-
27.04.13 29.04.13 30.04.13 01.05.13 05.04.13
H.C.COAL S.COAL S.COAL S.COAL A.COAL
30000 55000 33000 33000 5999
SAIL MMTC/KNOWLEDGE MMTC/CEPL MMTC/CEPL IMFA
CAMPHA PORT,.VIETNAM
26.04.13 26.04.13 26.04.13 26.04.13 29.04.13
C.COAL PCI COAL STEAM COAL C.COAL C.COAL
20000 MT 16000 MT 21700 MT 20000 MT 30457 MT
SAIL SAIL MMTC LTD ENNORE COKE VITHOBA GLOBAL
NORFOLK AUSTRALIA INDONESIA AUSTRALIA GLADSTONE
MUARA SABAK
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