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 135.20 USD 110.30 USD 101.97 USD 99.18 USD 68.72
Monthly Price- FOB INR 10178 INR 8303 INR 7676 INR 7466 INR 5173
Monthly Change (USD) -7.05 -4.20 -12.79 -22.16 -17.01
Indicative Pet Coke Price PET COKE
Sulphur
Price
India-RIL(Ex-Ref.) Saudi Arabia (CIF)
-5% + 8.5%
INR 15680 INR 12197 ($162)
Monthly Change ($) INR -5101.00 -51.98
USA (CIF)
- 6.5%
INR 13821 ($184)
-37.40
Exchange Rate
Change (Monthly)
INR 75.28
0.80
Indicative Coking Coal Price Current Month
Premium Low Vol FOB CFR China 339.85 349.65
Monthly Change (USD)
-32.09
-147.35
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 291.70 321.75 219.25 234.40 233.20 566.00 460.80 -18.43
-109.50
South African Coal News: * Amid the renewed scare caused by the spread of Omicron, South African Coal Export Price stands at a current level of $140.07, down from 214.27 last month and up from 69.62 one year ago. This is a 34% drop in price compared to last month. However, export figures are not likely to improve much at present due to issues related to shipments, experts say. * South Africa’s state power utility Eskom reached a synchronization milestone earlier this month when Unit 4 of the Kusile Power Station Project was connected to the national grid for the first time. Eskom said this would make Kusile, situated in Mpumalanga, South Africa’s “largest construction project and will be the world’s fourth-largest coal plant once completed with six units and will produce a maximum 4,800MW.
30 | CCAI Monthly Newslette December 2021
4.37
-21.23
-1.49
-61.38
-119.95
* In the KwaZulu-Natal province of South Africa, the expanding Somkhele coal mine is having significant impact in the local communities, experts say. While the mine is pivotal to South Africa’s fossil fuel requirements, the Government is cautious regarding the adverse impact it might have on people and environment. Though many locals work for the mine, nearly 150 families have been forcibly relocated as the mine grows. * Carbon tax and coal procurement costs in South Africa may cause the power tariff to sharply go up, state-owned power utility Eskom has said. The company has applied for a 20.5% electricity tariff increase for the financial year that starts in April, 2022. * South Africa based miner Thungela Resources that was created following the demerger of Anglo American’s export-focused thermal coal assets, is set to cap a successful debut on the Johannesburg Stock Exchange this year with a better-than-
