MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE Coal Price Index COAL
(kcal/kg)
Monthly Price - FOB
Monthly Price - FOB
Monthly Change (USD)
South Africa
6000 NAR
USD 84.98
INR 6066
2.50
South Africa
5500 NAR
USD 64.66
INR 4616
3.81
Australia
5500 NAR
USD 55.52
INR 3963
2.64
Indonesia
5000 GAR
USD 50.25
INR 3587
0.60
Indonesia
4200 GAR
USD 34.93
INR 2494
0.67
USA
6900 NAR
USD 52.81
INR 3769
- 0.94
PET COKE
Sulphur
Price
India-RIL(Ex-Ref.)
-5%
INR 6172
Saudi Arabia (CIF)
+ 8.5%
INR 4832 ($68)
USA (CIF)
- 6.5%
INR 5018 ($70)
Exchange Rate
Change (Monthly)
USD/INR 71.38
0.21
Coking Coal Price: Premium Low Vol
FOB Aus CFR China 149.15
160.05
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
128.82
140.80
79.27
89.17
85.87
268.10
278.10
South Africa: * One of the major coal exporters, South Africa is now having to rely more on markets like the ones in the Indian Subcontinent, especially India, in a bid to find buyers for its product. South Africa hasn’t managed to penetrate Far East Asian markets, but it’s faring better in the Subcontinent, where demand is booming.
36 | CCAI Monthly Newsletter January 2020
Australian Coal News:
* A weaker Australian dollar is shielding domestic thermal coal mining firms from the worst effects of rising costs and weaker prices, but margins are still under pressure, with the big four producers all forecasting falls in 2020. Key producers Glencore, Yancoal, BHP and Whitehaven have all said they expect margin compression in 2020, even at $80/t fob Newcastle, which is above the current spot price for 6,000 kcal/kg coal.
