MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE Indicative Imported Coal Price COAL South Africa South Africa Australia Indonesia Indonesia
(kcal/kg) 6000 NAR 5500 NAR 5500 NAR 5000 GAR 4200 GAR
Monthly Price - FOB USD 324.00 USD 262.05 USD 207.42 USD 144.83 USD 90.86
Monthly Price- FOB INR 24997 INR 20217 INR 16002 INR 11173 INR 7010
Monthly Change (USD) 79.22 58.51 47.36 29.50 17.91
Indicative Pet Coke Price PET COKE
Sulphur
Price
India-RIL(Ex-Ref.) Saudi Arabia (CIF)
-5% + 8.5%
INR 22257 INR 19133 ($248.00)
Monthly Change ($) INR 441.00 2.50
USA (CIF)
- 6.5%
INR 19789 ($256.50)
4.00
Exchange Rate
Change (Monthly)
INR 77.15
0.83
Indicative Coking Coal Price Current Month Monthly Change (USD)
Premium Low Vol FOB CFR China 501.47 458.88 19.97
-51.75
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 464.97 417.88 427.63 483.75 481.75 635.38 578.88 19.97
-58.75
South African Coal News: * A group of the world’s richest nations offered South Africa debt guarantees as part of a proposed $8.5 billion deal designed to cut the nation’s reliance on coal for power generation. The guarantees would enable South Africa or companies such as state power utility Eskom Holdings SOC Ltd. to borrow money needed to close down coal-fired power plants and enable the generation of renewable energy. Concessional loans and grant funding would be included in the support, which was announced at the COP26 climate summit last year, and may be extended over the next three to five years. * Mining companies in South Africa have resorted to trucking coal to ports to meet a surge in European demand since the war in
30 | CCAI Monthly Newsletter May 2022
50.31
49.88
49.88
-34.25
-83.25
Ukraine started, bypassing the deteriorating rail infrastructure they blame for billions of dollars in lost revenue. Transporting coal via trucks costs about four times more than the Rail transport. As a whole, South African coal miners are putting about 400 trucks on the road a day, trucking some 6 million tonnes of coal on an annualised basis, according to the industry source. * South Africa’s Botswana has been inundated with inquiries to supply coal to Europe and estimates that demand from Western countries could top a million tonnes a year as the Ukraine war forces Europe to pivot more to Africa for energy resources. Botswana has seen demand from both governments and the private sector in Europe and estimates that demand from
