MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE Indicative Imported Coal Price COAL
(kcal/kg)
Monthly Price - FOB
Monthly Price- FOB
Monthly Change (USD)
South Africa
6000 NAR
USD 90.38
INR 6612
-0.28
South Africa
5500 NAR
USD 62.62
INR 4581
3.81
Australia
5500 NAR
USD 56.21
INR 4112
1.73
Indonesia
5000 GAR
USD 74.85
INR 5476
16.09
Indonesia
4200 GAR
USD 47.67
INR 3487
7.94
Indicative Pet Coke Price PET COKE
Sulphur
Price
Monthly Change INR 0.00
India-RIL(Ex-Ref.)
-5%
INR 9432
Saudi Arabia (CIF)
+ 8.5%
INR 7901 ($108)
-4.00
USA (CIF)
- 6.5%
INR 8194 ($112)
-6.00
Exchange Rate
Change (Monthly)
INR 73.16
-0.43
Indicative Coking Coal Price Premium Low Vol Current Month
Monthly Change (USD)
HCC 64 MID Vol
Semi Soft
CFR China FOB Aus
Low Vol PCI
Mid Tier PCI
FOB Aus
FOB Aus
MET COKE 62% CSR
FOB
CFR China
FOB Aus
126.66
216.03
109.94
196.31
91.81
101.94
96.00
408.75
431.75
25.11
25.58
16.51
22.78
12.96
19.29
15.35
63.35
45.55
South African Coal News: *In spite of the Government’s move to replace coal with renewable and the near impossible situation to finance the dry fuel with only a handful of backers in the country, the next five to 10 years will likely still see coal play an important role in South Africa’s energy sector, according to South Africa based exploration and production company Wentworth Resources. *South African coal exports were always one of the dry bulk market’s most important trades. In 2019,the country exported a total of 67.4mln tonnes of coal by sea. South Africa’s economically recoverable coal reserves are estimated at between 15 and 55billion tonnes of which 96% of reserves are bituminous coal at present. *The overwhelming volume of South African coal –70-million-tonnes-plus of coal exported a year – is
26 | CCAI Monthly Newsletter January 2021
CFR India FOB N China
continuing to go to India, with notable demand also continuing from Pakistan and Sri Lanka. The South African coal was trading around the $100/t mark this week.
Australian Coal News:
* Hopes of an early resumption in the Australian coal trade to China have been dashed after it was found that about 50 ships carrying Australian coal still stranded off the Chinese coast as of last month, and amid unresolved political and trade tensions between the two countries. *China is considering accepting some stranded Australian coal cargoes, an effort that would help easea logjam of vessels that have stacked up off its coast for months. The shipments that could be cleared
