Monthly Summary Of Imported Coal &Petcoke

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 Exchange Rate Change (Monthly)

India-RIL(Ex-Ref.)

Saudi Arabia (CIF)

USA (CIF)

-5% INR 6172

+ 8.5% INR 4832 ($68) USD/INR 71.38 0.21

- 6.5% INR 5018 ($70)

Coking Coal Price:

Premium Low Vol HCC 64 MID Vol Semi Soft Low Vol PCI Mid Tier PCI MET COKE 62% CSR

FOB Aus CFR China FOB Aus CFR China FOB Aus FOB Aus FOB Aus CFR India FOB N China

149.15 160.05 128.82 140.80 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.

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.

Indonesian Coal News: * Indonesia started 2020 with two important policies in the mining sector - the ban on nickel ore exports and the requirement that coal companies export coal using local ships. As the country is a top exporter of both commodities, the policies will have a significant impact on the global market.

* Indonesian government set its coal benchmark price (HBA) for January at $65.93 per tonne, slightly lower than December’s price, energy ministry spokesman Agung Pribadi told reporters. The HBA stood at $66.30 per tonne in December. The benchmark fell slightly in January because “coal imports by main Asian buyers such as China, India, Japan and South Korea continue to drop,” Pribadi said.

US Coal News: * For American coal, 2019 was bad, 2020 will be worse, and in 2021, renewables will surpass coal in electricity generation for the first time ever, according to the U.S. Energy Information Administration. EIA's latest short-term energy outlook showcased U.S. coal companies' dire predicament: Coal-fired power plants keep closing, and exports will no longer help fill the void. * Declining natural gas prices continue to drive coal demand down, leading to projections of US coal production totaling near 500 million st in 2020, S&P Global Platts Analytics said in a report.

Pet Coke News: *The Green Petroleum Coke & Calcined Petroleum Coke are expected to grow at a CAGR of 4.84% from 24.11 billion USD in 2018 to reach 33.58 million USD by 2025 in global market; its actual sales are137.7 million metric tons in 2018. * Indian petcoke trading activities remained thin into the New Year though pockets of buying inquiries were heard from the cement producers. A west India-based trader reported indicative bids for US 7,500 kcal/kg NAR petcoke with 6.5% sulfur at $70/mt CFR India East.

Shipping Update: * The day is not too far off when cargo from Assam travels all the way down south and viceversa via Inland Waterways Transport (ITW) and coastal shipping. In the last couple of years, the Centre has given tremendous impetus to both coastal shipping and IWT in an attempt to reduce logistics cost to less than 10 per cent of GDP — on par with developed countries such as Germany — from the present 13 percent. * Russian long-haul coal exports to Asia from the Baltic Sea surged more than 30% year on year in 2019 due largely to insufficient European demand, more attractive Pacific-basin prices and low freight costs. Exports of predominantly thermal coal from Russia’s main European export hub of Ust-Luga, near St Petersburg, to Asian destinations totalled 5.42m tonnes, according to vessel-tracking data, provided by Arrow Shipbroking Group.