MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE
Coal Price Index COAL
(kcal/kg)
Weekly Price - FOB
Weekly Price - FOB
Weekly Change (USD)
South Africa
6000 NAR
USD 57.36
INR 4351
2.55
South Africa
5500 NAR
USD 40.39
INR 3064
-0.41
Australia
5500 NAR
USD 40.45
INR 3068
-2.39
Indonesia
5000 GAR
USD 37.82
INR 2869
-0.71
Indonesia
4200 GAR
USD 25.43
INR 1929
-1.70
USA
6000 NAR
USD 49.93
INR 3787
0.29
Indicative Pet Coke Price PET COKE
Sulphur
Price
Weekly Change (INR)
India-RIL(Ex-Ref.)
-5%
INR 5697
-195.00
Saudi Arabia (CIF)
+ 8.5%
INR 4893 ($65)
6.50
USA (CIF)
- 6.5%
INR 5045 ($67)
7.50
Exchange Rate
Change (Weekly)
INR 75.86
0.22
Indicative Coking Coal Price Premium Low Vol Current Week
Weekly Change (USD)
HCC 64 MID Vol
Semi Soft
CFR China FOB Aus
Low Vol PCI
Mid Tier PCI
FOB Aus
FOB Aus
CFR India
FOB N China
MET COKE 62% CSR
FOB
CFR China
FOB Aus
111.00
120.57
90.75
100.56
59.66
69.60
67.10
256.88
272.13
-3.00
-1.50
0.44
2.44
-2.15
2.04
3.32
6.13
17.38
South African Coal News: * South African coal loadings rebounded in May but the outlook for exports remains challenging. Policy and seasonal obstacles could hamper demand from India, even as the country emerges from lockdown, while recent stock building in Vietnam and Pakistan could weigh on near-term buying interest from these markets, which have acted as key sources of flexible demand during the second quarter. *South Africa’s state utility Eskom's coal-fired stations are struggling to meet the electricity demand in the country. The power stations
30 | CCAI Monthly Newsletter June 2020
which produce more than 80 percent of South Africa's electricity, have long been unable to supply adequate power to the continent’s most developed economy, culminating in rolling blackouts that last year hobbled industries in the country.
Australian Coal News:
* Glencore's Rolleston coal mine in Queensland, Australia, has stopped production for two weeks starting June 2, Analyst told. The coal mine was heard to be making losses at the prevailing market price. The move comes weeks before the upcoming 59-day closure of Peabody's
