CCAI Newsletter May-20

Page 28

MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE

Coal Price Index COAL

(kcal/kg)

Weekly Price - FOB

Weekly Price

Monthly Change (USD)

- FOB

Weekly Change (USD)

USD 54.81

INR 4146

-11.52

South Africa

5500 NAR

USD 40.80

INR 3086

-10.48

Australia

5500 NAR

USD 42.84

INR 3240

-12.02

Indonesia

5000 GAR

USD 38.53

INR 2914

-8.77

Indonesia

4200 GAR

USD 27.13

INR 2052

-5.31

USA

6000 NAR

USD 49.64

INR 3755

-2.43

PET COKE

Sulphur

Price

Weekly Change (INR)

India-RIL(Ex-Ref.)

-5%

INR 5892

-978.00

Saudi Arabia (CIF)

+ 8.5%

INR 4349 ($58)

-6.50

USA (CIF)

- 6.5%

INR 4481 ($59)

-6.75

Exchange Rate

Change (Weekly)

INR 75.64

-0.44

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

114.00

122.06

90.31

98.13

61.81

67.56

63.78

250.75

254.75

-14.60

-14.84

-25.42

-22.73

-5.84

-9.09

-11.54

-10.15

7.75

South African Coal News: *Coal miner MC Mining said limited activities had commenced at its Uitkomst colliery in South Africa after the government there started easing lockdown measures. Uitkomst would ramp-up to 50% capacity within seven-to-10 days, the company said, in line with government restrictions. * The development of mines in sub-Saharan Africa by Chinese firms will slow in the coming quarters due to logistical challenges posed by the global Covid19pandemic. The activities may pick up again in 2021, experts say. * Eskom plans to delay the closure of three of its

28 | CCAI Monthly Newsletter May 2020

oldest coal-fired power plants in order to maintain generation capacity. The state owned company submitted documents to the Centre for Environmental Rights (CER) of Grootvlei, Camden and Hendrina mines so that they may operate until as late as 2030. The three mines have the capacity to produce about 4,600MW.

Australian Coal News:

* At current spot thermal coal prices most of Australia's producers are struggling to make profit, including some of the biggest mining firms. UKAustralian mining firm BHP has guided for an average


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