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 209.75 USD 170.40 USD 156.88 USD 186.06 USD 141.48
Monthly Price- FOB INR 15740 INR 12787 INR 11773 INR 13963 INR 10617
Monthly Change (USD) 45.92 37.83 48.85 66.15 55.31
Indicative Pet Coke Price PET COKE
Sulphur
Price
India-RIL(Ex-Ref.) Saudi Arabia (CIF)
-5% + 8.5%
INR 16360 INR 16509 ($220)
Monthly Change ($) INR 1508.80 51.40
USA (CIF)
- 6.5%
INR 17109 ($228)
46.60
Exchange Rate
Change (Monthly)
INR 75.04
1.36
Indicative Coking Coal Price Current Month Monthly Change (USD)
Premium Low Vol FOB CFR China 398.97 611.35 53.17
76.17
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 334.85 537.94 273.50 275.56 274.56 615.75 644.50 37.45
63.94
South African Coal News: * South Africa is seeking cheap finance for more than 400 billion rand (27.6 billion USD) of electricity infrastructure as part of its plans to move away from coal. Through a funding facility backed by rich nations and development finance institutions, South Africa hopes to build more than 180 billion rand of cleaner power generation, 120 billion rand of transmission equipment as well as substations, transformers and distribution technology to endorse a greener future for the country. * The coal production and transport in South Africa’s Richard’s Bay terminal may face a possible impact amid more transport woes in the country. Though South African transport company Transnet had not specified the impact on commodity exports when it declared
30 | CCAI Monthly Newsletter October 2021
49.58
42.91
42.91
95.45
36.40
force majeure at the Richards Bay bulk terminal. Anglo American spin-off, thermal coal miner Thungela Resources was last week forced to cut production guidance due to issues with Transnet's freight rail network, which has been beset by incidents of theft and vandalism. * South Africa must manage its transition away from coal-fired power generation systematically and not rush a switch to renewable energy sources, Mining and Energy Minister Gwede Mantashe said. The minister pointed to China's current energy crisis as an example of what could go wrong if a transition is attempted too fast. South Africa aims to cut coal's share of the energy mix to less than 60% by 2030 from around 75% now while increasing the share of renewable energy. * The Energy Minister of South Africa said that rich nations shouldn’t force South Africa to ban
