Category Archives: Anthracite

India: Anthracite coal imports at 5-month high in May, prices follow suit

India’s domestic demand for anthracite coal has been steadily improving over the past few months with certain buyers having imported substantial volumes of seaborne material.

Until last year, however, the anthracite coal market in India had been lackluster for a long time because of inconspicuous consumption by the country’s end-user markets.

Accordingly, Indian anthracite imports had remained at significantly low levels due to the consistent prevalence of sluggish demand, primarily attributable to alternate cheaper coal types being used across industries.

Notably, high grade (HG) and ultra high grade (UHG) anthracite is employed in steelmaking as a cost-efficient substitute for coke in processes such as sintering and pelletizing, as well as pulverised coal injection (PCI) and direct injection into blast furnaces.

 

Import shipment volumes surge 37% m-o-m in May’21

Anthracite coal imports into India rose by 36.6% month-on-month to 189,741 tonnes (t) in May’21 compared with 138,855 t in Apr’21 — marking the highest monthly import shipment volume since Nov’20.

In the Jan-May period of the current year, India’s aggregate imports also increased by 18.7% on a quantity basis year-on-year to reach 565,783 t, as against 476,566 t of imports seen during first five months of last year.

Nevertheless, the surge in the country’s import volumes last month can be explained as a seasonal one-off effect; happening primarily on account of industrial traders having actively ramped up their coal purchases in order to stock the raw material ahead of the monsoons.

Even then, India has only imported a meagre quantity of 11,550 t of the coal so far this month, as per vessel lineup data compiled by CoalMint. This Russian shipment was received at Visakhapatnam Port in Andhra Pradesh on the east coast of India.

On the pricing front, the current offer price for anthracite fines is assessed at around $165/t CNF India, up by $5/t from a week earlier.

 

Outlook

Anthracite coal prices are expected to increase further because of rising international spot prices of alternative coal types used as steelmaking raw materials – coking coal, metallurgical coke, breeze coke et al.

Furthermore, ocean freight rates have risen sharply over the recent past, and are quite likely to maintain current levels or rise higher with global crude oil prices shooting up.

 

South African Coal Exports Down 1.1% in 10M CY’19

–South African coal exports have witnessed slight decline during the first 10-months of CY’19 (Jan-Oct’19) noted at 64.68 MnT, as against 65.42 MnT in preceding year. Apparently, export volumes have been affected by a tight supply in the domestic market, with buyers offering higher prices than those on the seaborne market which have limited South African coal exposure to exports.

–South African coal export for India rose to 34.36 MnT in 10M CY’19 against preceding year by 15% Y-o-Y, followed by Pakistan, Vietnam & UAE accounted for 9.83 MnT, 2.22 MnT & 1.19 MnT respectively.

–Import volume for Netherland accounted 0.85 MnT (down – 73.1%), South Korea 3.08 MnT (down – 48.9%), Sri Lanka 1.21 MnT (down – 1.7%) & Mozambique 1.26 MnT (down – 55.1%).

 

Anthracite Coal Offers Unchanged, Moderate Demand Prevails in India

Anthracite coal import offers to India have remained almost flat so far this fiscal owing to the persistence of sluggish demand in the country’s end markets.

At the global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to other types of low-quality coal such as lignite, sub-bituminous and bituminous coal.

As a matter of fact, governments today are actively encouraging the use of anthracite as it burns cleaner and hotter than any other coal. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

When burnt, anthracite produces more heat than any other coal because it is made up of 70% free carbon and has low levels of sulphur and other impurities. But, compared to other types of coal, burning this hard rock leads to higher levels of carbon dioxide emissions, as it contains less hydrogen than the other grades.

On the pricing front, there was no downturn in international offers for anthracite in the past week.

The latest offers hover around USD 138/MT FOB Russia, which amounts to USD 151/MT CNF India: unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Jul’18 Imports in India Insignificant

The anthracite coal market in India has remained lackluster since long due to sluggish demand, despite strong international consumption. This is mainly because of the fact that the country’s end buyers prefer using alternate cheaper coal types over anthracite coal and there is also no prospect for any upturn in its demand in the near future.

In consequence of the sluggish demand prevailing in the country, imports have remained insignificant.

In Jul’18, a meager quantity of only 19,376 MT of anthracite coal was imported in India.

As per the vessel line-up data compiled by CoalMint Research, the import consignments were received at Paradip and Vizag ports.

Indian procurers included Indian Metals & Ferro Alloys Ltd. (IMFA), Hira & Sonic Thermal, and Jindal Stainless.

On the pricing front, there was no downturn in international offers for anthracite in the past week.

The latest offers hover around USD 138/MT FOB Russia, which amounts to USD 151/MT CNF India: unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Moderate Demand Prevails in India

Anthracite coal import offers to India have remained almost flat so far this fiscal owing to the persistence of sluggish demand in the country’s end markets.

At the global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to other types of low-quality coal such as lignite, sub-bituminous and bituminous coal.

As a matter of fact, governments today are actively encouraging the use of anthracite as it burns cleaner and hotter than any other coal. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

When burnt, anthracite produces more heat than any other coal because it is made up of 70% free carbon and has low levels of sulphur and other impurities. But, compared to other types of coal, burning this hard rock leads to higher levels of carbon dioxide emissions, as it contains less hydrogen than the other grades.

On the pricing front, there was no downturn in international offers for anthracite in the past week.

The latest offers hover around USD 138/MT FOB Russia, which amounts to USD 151/MT CNF India: unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Moderate Demand Prevails in India

Anthracite coal import offers to India have remained almost flat so far this fiscal owing to the persistence of sluggish demand in the country’s end markets.

At the global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to other types of low-quality coal such as lignite, sub-bituminous and bituminous coal.

As a matter of fact, governments today are actively encouraging the use of anthracite as it burns cleaner and hotter than any other coal. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

When burnt, anthracite produces more heat than any other coal because it is made up of 70% free carbon and has low levels of sulphur and other impurities. But, compared to other types of coal, burning this hard rock leads to higher levels of carbon dioxide emissions, as it contains less hydrogen than the other grades.

On the pricing front, there was no downturn in international offers for anthracite in the past week.

The latest offers hover around USD 138/MT FOB Russia, which amounts to USD 151/MT CNF India: unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Moderate Demand Prevails in India

Anthracite coal import offers to India have remained almost flat so far this fiscal owing to the persistence of sluggish demand in the country’s end markets.

At the global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to other types of low-quality coal such as lignite, sub-bituminous and bituminous coal.

As a matter of fact, governments today are actively encouraging the use of anthracite as it burns cleaner and hotter than any other coal. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

When burnt, anthracite produces more heat than any other coal because it is made up of 70% free carbon and has low levels of sulphur and other impurities. But, compared to other types of coal, burning this hard rock leads to higher levels of carbon dioxide emissions, as it contains less hydrogen than the other grades.

On the pricing front, there was no downturn in international offers for anthracite in the past week.

The latest offers hover around USD 138/MT FOB Russia, which amounts to USD 151/MT CNF India: unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Moderate Demand Persists in India

Anthracite coal import offers to India have remained almost flat so far this fiscal year owing to the persistence of demand sluggishness in the country’s end markets.

At a global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to the other types of low-quality coal from lignite and sub-bituminous through to bituminous coal.

In fact, governments today are actively encouraging anthracite’s use because it burns cleaner and hotter than any other coal type. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

Anthracite when burnt produces more heat than any other coal because it is mostly made up of 70% free carbon and has low levels of sulphur and other impurities. But this hard rock has high carbon dioxide emissions, as it contains less hydrogen than other grades.

On the pricing front, there was no downturn in the international offers for the coal in the past week.

The latest offers for anthracite coal hover around USD 138/MT FOB Russia, which amounts to around USD 151/MT CNF India; unchanged from the preceding weekly assessments.


Source: CoalMint Research

 

Anthracite Coal Offers Unchanged, Moderate Demand Persists in India

Anthracite coal import offers to India have remained almost flat so far this fiscal year owing to the persistence of demand sluggishness in the country’s end markets.

At a global level, however, anthracite coal has sustained healthy demand on the back of its superior chemical composition relative to the other types of low-quality coal from lignite and sub-bituminous through to bituminous coal.

In fact, governments today are actively encouraging anthracite’s use because it burns cleaner and hotter than any other coal type. Moreover, as a vital component in the production of chemicals, plastics and energy, anthracite has become an indispensable commodity.

Anthracite when burnt produces more heat than any other coal because it is mostly made up of 70% free carbon and has low levels of sulphur and other impurities. But this hard rock has high carbon dioxide emissions, as it contains less hydrogen than other grades.

On the pricing front, there was no downturn in the international offers for the coal in the past week.

The latest offers for anthracite coal hover around USD 138/MT FOB Russia, which amounts to around USD 151/MT CNF India; unchanged from the preceding weekly assessments.

Source: CoalMint Research

 

Anthracite Coal Global Offers Stagnate, Moderate Demand Persists in India

The anthracite coal market in India has remained lackluster since long due to sluggish demand, despite strong international consumption. This is mainly because of the fact that the country’s end buyers prefer using alternate cheaper coal types over anthracite coal and there is also no prospect for any upturn in its demand in the near future.

On the pricing front, there was no downturn in the international offers for the coal in the past week.

The latest offers for anthracite coal hover around USD 138/MT FOB Russia, which amounts to around USD 151/MT CNF India; unchanged from the preceding weekly assessments.

Source: CoalMint Research