monthly coal price report

3
April 26, 2013 India imported around 125-130 mil- lion tons of coal in FY 2013 Increasing demand for coal in the country forced Indian buyers to import more coal in 2012-2013 as domestic supply did not match total demand. During the FY 2013, nearly 127.25 MnT of coal has been imported (i.e. April 2012 – March 2013), as per Indian custom data against 105 million tons in 2011-2012 Coal demand for the year 2013-14 is estimated at 769.7 MnT and the total Indian coal production is estimated to be 604.6 MnT (including captive). Thus, the esti- mated gap of 165.14 MnT of coal will need to be met through imports which is about 30% more compared to current import. Non-Coking Coal Market remains Stable Prices for Indonesian material remain at same level due to booked shipments till May. "Movement in prices (up and down) will be seen after May as Indonesia is fulfill- ing the supply orders till May end at same price level", said an importer based in Mumbai. Current price offers for RB1 (South Africa) is at $80/MT (FoB Richards Bay ), whereas Indonesian 3800 GAR is at $37 and 4200 GAR is at $43/MT respectively. Supramax freight charge from Indonesia (South Kalimantan) re- mains stable at $12/MT for ECI and $14.5/Mt for WCI. Spot HCC prices remain downward Spot metallurgical coal prices in Asian market continues to decline due to cautious Indian and Chinese buyers amid good supply from Australia. Low buying interest in the market is seen with small vol- umes being purchased by the end users of the material, said sources. "Demand is not impressive, but it’s moving slowly", said a source based in Singapore. Current price for Premium Low Volume is at $148/MT (FoB Australia) converting to $166/MT CFR India. Whereas, HCC 64 mid volume is at $132/MT FoB. Freight charge from Australia to India is at around $18/MT on panamax basis. Global Non-Coking Coal Prices Origin Destination Grade FOB Avg. CNF Port Port (in kcal) GCV ($/MT) Freight ($/MT) Indonesia ECI 3800 GAR 37 12.00 49.00 Indonesia WCI 4000 GAR 40 14.50 54.50 Indonesia WCI 4200 GAR 43 14.50 57.50 South Africa ECI 6000 NAR 80 18.00 98.00 WCI - West Coast India ECI - East Coast India 0.00 0.00 0.39 0.55 0.00 0.60 0.00 0.08 0.30 0.22 2.37 1.13 0.49 0.26 0.65 0.03 0.58 0.46 0.21 3.49 0. 00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 Mundra KRISHNAPATNAM PARADIP VIZAG DAHEJ GOA Kandla JAIGARH HALDIA OTHERS ST EAM COK IN G Qty in million to ns    I    N    D    I    A    N    P    O    R    T    S Portwise Coal Imports- March'13 Global Coking Coal Index Prices Particular (FOB Aus tr alia) in $/MT 24-Apr 2 Week 4 week Pl atts Premi um Low Vo l 14 8. 00 15 3. 00 15 8. 50 Platts HCC 64 Mid Vol 132.00 139.00 143.00

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Page 1: Monthly Coal Price Report

7/30/2019 Monthly Coal Price Report

http://slidepdf.com/reader/full/monthly-coal-price-report 1/3

April 26, 2013

India imported around 125-130 mil-lion tons of coal in FY 2013

Increasing demand for coal in the country forced Indian

buyers to import more coal in 2012-2013 as domestic

supply did not match total demand.

During the FY 2013, nearly 127.25 MnT of coal has been

imported (i.e. April 2012 – March 2013), as per Indian

custom data against 105 million tons in 2011-2012

Coal demand for the year 2013-14 is estimated at 769.7

MnT and the total Indian coal production is estimated

to be 604.6 MnT (including captive). Thus, the esti-

mated gap of 165.14 MnT of coal will need to be met

through imports which is about 30% more compared to

current import.

Non-Coking Coal Market remains Stable

Prices for Indonesian material remain at same level due

to booked shipments till May. "Movement in prices (up

and down) will be seen after May as Indonesia is fulfill-

ing the supply orders till May end at same price level",

said an importer based in Mumbai.

Current price offers for RB1 (South Africa) is at $80/MT

(FoB Richards Bay ), whereas Indonesian 3800 GAR is at

$37 and 4200 GAR is at $43/MT respectively. Supramax

freight charge from Indonesia (South Kalimantan) re-

mains stable at $12/MT for ECI and $14.5/Mt for WCI.

Spot HCC prices remain downward Spot metallurgical coal prices in Asian market continues to

decline due to cautious Indian and Chinese buyers amid

good supply from Australia.

Low buying interest in the market is seen with small vol-

umes being purchased by the end users of the material, saidsources. "Demand is not impressive, but it’s moving slowly", said a source based in Singapore.

Current price for Premium Low Volume is at $148/MT (FoB Australia) converting to $166/MT CFR India. Whereas, HCC 64 mid

volume is at $132/MT FoB. Freight charge from Australia to India is at around $18/MT on panamax basis.

Global Non-Coking Coal Prices

Origin Destination Grade FOB Avg. CNF

Port Port (in kcal) GCV ($/MT) Freight ($/MT)

Indonesia ECI 3800 GAR 37 12.00 49.00

Indonesia WCI 4000 GAR 40 14.50 54.50Indonesia WCI 4200 GAR 43 14.50 57.50

South Africa ECI 6000 NAR 80 18.00 98.00WCI - West Coast India

ECI - East Coast India

0.00

0.00

0.39

0.55

0.00

0.60

0.00

0.08

0.30

0.22

2.37

1.13

0.49

0.26

0.65

0.03

0.58

0.46

0.21

3.49

0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00

Mundra

KRISHNAPATNAM

PARADIP

VIZAG

DAHEJ

GOA

Kandla

JAIGARH

HALDIA

OTHERS

STEAM COKINGQtyin million tons

   I   N   D   I   A   N

   P   O   R   T   S

Portwise Coal Imports- March'13

Global Coking Coal Index Prices

Particular (FOB Australia) in $/MT

24-Apr 2 Week 4 week

Platts Premium Low Vol 148.00 153.00 158.50

Platts HCC 64 Mid Vol 132.00 139.00 143.00

Page 2: Monthly Coal Price Report

7/30/2019 Monthly Coal Price Report

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April 26, 2013

Growing Imported Coal Market in India

Vesse Freig tLoad Discharge Cargo Current (USD/MT) Previous (USD/MT) Change

Port Port Qty (22-04-2013) (15-04-2013)

SUPRAMAX

Taboneo (Indonesia) Chennai 50,000 MT 11.30 11.20 0.1

Taboneo (Indonesia) Navalakhi 53,000 MT 13.60 13.60 0.0

Richards Bay (S.Africa) Kandla 53,000 MT 20.50 21.60 -1.1

Richards Bay (S.Africa) Chennai 50,000 MT 20.00 21.10 -1.1

Richards Bay (S.Africa) Paradip 53,000 MT 20.00 21.20 -1.2

PANAMAX

North Pulau Laut(Indonesia) Mundra 71,500 MT 9.80 9.60 0.2

North Pulau Laut(Indonesia) Goa 71,500 MT 10.00 9.90 0.1

North Pulau Laut(Indonesia) Dahej 68,000 MT 10.70 10.70 0.0Richards Bay (S.Africa) Paradip 68,000 MT 19.20 19.20 0.0

Richards Bay (S.Africa) Mundra 71,500 MT 16.50 16.50 0.0

Richards Bay (S.Africa) Goa 71,500 MT 16.60 16.70 -0.1

Richards Bay (S.Africa) Dahej 68,000 MT 18.10 18.20 -0.1

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

   Q   T   Y    (   i   n   m   i    l    l   i   o   n   t   o   n   s    )

India's Coal Import

Coking Coal

Thermal Coal

Widening demand-supply gap is continuously encouraging im-ports in the country. At present, India ranks fourth in coal im-

ports and the major sources are Indonesia, Australia and South

Africa. Canada, Mozambique and USA. India’s coal production has increased from ~554 million tons (MnT) in 2011-12 to ~557 MnT in 2012-13 (an increase of 0.5%). On

the other hand, demand for coal has grown at CAGR (Compound Annual Growth Rate) of more than 7% in the last decade and has

reached around 696 MnT (2011-12) as against the production growth of ~5%. It is further anticipated that coal production will grow

at a CAGR of around 7-9% during 2013-14. According to the report of the Working Group of Coal and Lignite for the 12th Five Year

Plan, coal demand in India is projected to grow at a CAGR of 7.1% till 2016-17 and reach 980.5 MnT.

Year Supply Demand GAP

2006-07 430.8 463.9 33.1

2007-08 457 504.3 47.3

2008-09 490 546.1 56.1

2009-10 514.5 582.3 67.8

2010-11 536.1 624.8 88.7

2011-12 554 696 142

2012-13 (E) 580 772.8 192.8

2012-17 (XII Plan) 759.6 1,000-1,050 250-300

(Source: Working Group Report MOC, Govt. of India)

Demand-Supply Gap

Page 3: Monthly Coal Price Report

7/30/2019 Monthly Coal Price Report

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April 26, 2013

Raipur:#301, Jeevan Parisar,

Rajeev Nagar, Behind Crystal Ar-cade, Raipur (C.G) - 492 007,

IndiaTel: +91 771 2284888

Kolkata:5th Floor, Vishvakarma Building,

86,Topsia Road, South-WestBlock, Kolkata (W.B) - 700 046,

IndiaTel: +91 33 22852063

Our Contact Centers

This publication is for information purposes only. The information contained in this document has been compiledfrom sources believed to be reliable. SteelMint cannot be made liable for any loss no matter how it may arise. Therecipient of this report must make its own independent decisions regarding any product or items mentioned herein.

©SteelMint 2010-2013. All rights reserved. No part of this publication (text, data or graphics) may be reproduced,stored in corporate data retrieval systems or transmitted in any form without obtaining SteelMint's prior written

consent. 

Vesse s expecte at Major Ports as on Apri 26,2013

Name of the Vessel ETA / Arrival Cargo Qty (MT) Receiver PORTVizag

MV.DORIC LIBERTY 41390 STEAM COAL 78750 - -

MV.STX GLOBAL 41392 COKING COAL 79892 - -

MV.MALAVIKA 41392 COKING COAL 44656 - -

MV.OCEAN LIBRA 41393 COKING COAL 79000 - -

MV.SPAR TAURUS 41394 STEAM COAL 53000 GANDHAR -

MV.STX CLOVER 41400 COKING COAL 79043 JAYASWAL NECO -

KRISHNAPATNAM

MV NAVIOUS STELLAR 26.04.13 S.COAL 161749 INDIA CEMENTS,BHATIA RICHARDS BAY

MV SILVER FREN 27.04.13 COAL - - -

MV NIGHT HWAK 27.04.13 S.COAL 55000 ARS METALS LTD INDONESIA

MV CAPE BRITANNIA 28.04.13 S.COAL 165000 INDIA,PARASHKTI,KCP,MADRAS CEMENTS RICHARDS BAY

MV GALVESTON 30.04.13 S.COAL 30000 RENUKA ENERGY. INDONESIA

SOUTHERN HARMONY 30.04.13 S.COAL 165000 ADANI INDONESIADHAMRA

M.V.CAPE PEONY 26.04.2013 S.COAL 150000 VISA -

M.V.HOUHENG3 27.04.2013 S.COAL 150000 STEMCORE

M.V.FRONTIER QUEEN 28.04.2013 C.COAL 150000 TATA STEEL LTD

M.V.AMIS WISDOM 3 03.05.2013 C.COAL 33000 TATA STEEL LTD

M.V.PRONOI R 04.05.2013 C.COAL 54973 BHUSHAN STEEL LTD

PARADIP

MV.ATLANTIC HORIZON 27.04.13 H.C.COAL 30000 SAIL

MV.SHROPSHIRE 29.04.13 S.COAL 55000 MMTC/KNOWLEDGE MUARA SABAK

MV.MEDI IMABARI 30.04.13 S.COAL 33000 MMTC/CEPL

MV.CONTI OPAL 01.05.13 S.COAL 33000 MMTC/CEPL

MV.TAN BINH 22 05.04.13 A.COAL 5999 IMFA CAMPHA PORT,.VIETNAM

HALDIA

MV. TRADE WILL 26.04.13 C.COAL 20000 MT SAIL NORFOLK

MV. NAVIOS KYPROS 26.04.13 PCI COAL 16000 MT SAIL AUSTRALIA

MV. ASTRA PERSUES 26.04.13 STEAM COAL 21700 MT MMTC LTD INDONESIA

MV. SHI ZI SHAN 26.04.13 C.COAL 20000 MT ENNORE COKE AUSTRALIA

MV. ANGLE STAR 29.04.13 C.COAL 30457 MT VITHOBA GLOBAL GLADSTONE