MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE Indicative Imported Coal Price COAL South Africa South Africa Australia Indonesia Indonesia
(kcal/kg) 6000 NAR 5500 NAR 5500 NAR 5000 GAR 4200 GAR
Monthly Price - FOB USD 244.78 USD 203.54 USD 160.06 USD 115.33 USD 72.95
Monthly Price- FOB INR 18681 INR 15534 INR 12215 INR 8801 INR 5567
Monthly Change (USD) -71.22 -78.90 -76.24 -43.46 -37.74
Indicative Pet Coke Price PET COKE
Sulphur
Price
India-RIL(Ex-Ref.) Saudi Arabia (CIF)
-5% + 8.5%
INR 21816 INR 18737 ($245.50)
Monthly Change ($) INR 3760.40 1.10
USA (CIF)
- 6.5%
INR 19271 ($252.50)
-12.90
Exchange Rate
Change (Monthly)
INR 76.32
0.03
Indicative Coking Coal Price Current Month
Premium Low Vol FOB CFR China 481.50 510.63
Monthly Change (USD)
-103.10
73.93
HCC 64 MID Vol Semi Soft Low Vol PCI Mid Tier PCI MET COKE 62% CSR FOB Aus CFR China FOB Aus FOB Aus FOB Aus CFR India FOB N China 445.00 476.63 377.31 433.88 431.88 669.63 662.13 -107.10
71.43
South African Coal News: * Thungela Resources Ltd, South Africa’s largest exporter of coal burned in power stations, extended its share-price rally after a report that the European Union is working to end imports of the fuel from Russia. The EU plans to propose a mandatory phaseout of Russian coal supplies in response to reports that Russian forces committed apparent war crimes in Ukraine. Thungela could benefit as nations scramble to arrange alternative sources of thermal coal. Shortcomings in South Africa’s rail network may hobble the Minerals Council South Africa. Last year, more than $2 billion in potential coal, iron ore and chrome exports were lost because contracted volumes couldn’t reach ports, according to the Minerals Council South Africa. * South Africa is turning to coal-powered plants to meet growing energy demands despite the environmental impact. The continent’s growing energy needs has led some governments to turn to
34 | CCAI Monthly Newsletter April 2022
-82.59
-111.63
-111.63
-14.58
23.23
coal-powered plants. Critics have opined that is not a smart move in times of climate change and point to the continent’s renewable energy resources. * Mining giant Anglo American Plc will separate its South African coal mines into a new business this year, as the company accelerates its response to investor pressure over the most-polluting fuel. Anglo has been plotting an exit from thermal coal for more than a year and has always said separating its South African business was the most likely outcome.
Australian Coal News: * Australia's Coronado Global Resources Inc has flagged heightened requests for metallurgical coal from existing and new European customers ahead of a European Union (EU) ban on Russian coal imports. Coronado said it expects met coal demand to remain
