MONTHLY SUMMARY OF IMPORTED COAL & PETCOKE Coal Price Index COAL
(kcal/kg)
Monthly Price - FOB
Monthly Price - FOB
Monthly Change (USD)
South Africa
6000 NAR
USD 83.90
INR 6018
-1.08
South Africa
5500 NAR
USD 63.50
INR 4555
-1.16
Australia
5500 NAR
USD 58.51
INR 4196
2.99
Indonesia
5000 GAR
USD 52.03
INR 3732
1.79
Indonesia
4200 GAR
USD 36.06
INR 2586
1.13
USA
6900 NAR
USD 54.26
INR 3892
1.45
PET COKE
Sulphur
Price
India-RIL(Ex-Ref.)
-5%
INR 6572
Saudi Arabia (CIF)
+ 8.5%
INR 5075 ($70.75)
USA (CIF)
- 6.5%
INR 5245 ($73.13)
Exchange Rate
Change (Monthly)
USD/INR 71.73
0.34
Coking Coal Price: Premium Low Vol
FOB Aus CFR China 155.85
166.41
HCC 64 MID Vol
Semi Soft
key
MET COKE 62% CSR
CFR China
FOB Aus
FOB Aus
FOB Aus
CFR India
FOB N China
141.20
151.66
83.82
95.73
92.48
275.63
284.38
* The Minerals Council South Africa said coal would remain a central part of the country’s energy generation for the foreseeable future, alongside the transition towards more renewable and cleaner sources of power. Council president Roger Baxter said coal remained a necessity as the base load source of power, even with the expansion of renewables. Council of Geosciences CEO, said there were more than 200 billion tons of coal in South Africa and that coal should be developed in a responsible manner. With
Mid Tier PCI
FOB Aus
South Africa:
*
Low Vol PCI
coal
supplier
Glencore’s
32 | CCAI Monthly Newsletter February 2020
announcement to exit the SA coal market, All of the major coal giants have now left, or are leaving the country. Just two domestic miners, which are under pressure to cut their funding for coal projects, now stand to dominate coal supply. IEEFA reported that only 30% of South Africa’s thermal coal was exported last year.
Australian Coal News:
*Black coal-fired generation in Australian decreased by 1,061 MW on average compared to Q4 2018, reaching its lowest quarterly level since Q4 2016. The decline was due to a combination of coal supply issues (notably at Mt Piper which fell an average 552 MW), unit
