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 68.19
INR 5060
8.21
South Africa
5500 NAR
USD 51.81
INR 3845
6.73
Australia
5500 NAR
USD 40.52
INR 3007
-0.05
Indonesia
5000 GAR
USD 43.31
INR 3214
2.43
Indonesia
4200 GAR
USD 29.90
INR 2219
1.48
Indicative Pet Coke Price PET COKE
Sulphur
Monthly Change
Price
India-RIL(Ex-Ref.)
-5%
INR 8851
Saudi Arabia (CIF)
+ 8.5%
INR 7050 ($95)
INR 0.00 0.00
USA (CIF)
- 6.5%
INR 7347 ($99)
0.00
Exchange Rate
Change (Monthly)
INR 74.21
0.61
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
102.13
158.56
94.47
143.13
63.00
72.19
69.19
306.50
332.88
-23.38
21.00
-14.04
23.19
-3.54
-6.26
-6.26
24.00
30.75
South African Coal News:
CFR India FOB N China
Australian Coal News:
* The energy sector in South Africa remains one of the major thermal coal users in the G20 even though the country is at greater risk of the fallout from climate change if the emissions of greenhouse gases are not controlled immediately. Fossil fuels still account for 92% of South Africa’s total energy mix, with more than 85% of electricity coming from coal.
*China's unofficial ban on coal imports from Australia is starting to take its toll on volumes, with departing cargoes down sharply so far in November. The price is down by 25.1 per cent from the recent peak of $140 a tonne on Oct. 5and reports have started emerging of Chinese officials giving unofficial verbal instructions to traders and steel mills to halt purchases of Australian coal.
* South African coal exports have dropped by 3.4 percent in October following low demand and availability of cheaper alternative fuels. The country wise thermal coal export has been showing an upward trend since August after the price nosedived since April 2020 following the spread of coronavirus in the continent. However, the coal export data has deteriorated in October ’20.
*Australian Prime Minister Scott Morrison sees no impact on Australian thermal coal exports to its largest customer Japan from its plan to reach carbon neutrality by 2050, as coal will continue to be used to generate electricity in Japan for some time. But the two countries are also working together on strategies to reduce greenhouse gas (GHG) emissions. Australia exported around 75mn t
22 | CCAI Monthly Newsletter November 2020
