Exxaro H1 coal export demand subdued amid strong seaborne prices Rand Price In India - BitCoin Wealth 247 News Blog
SUBTOTAL :

Follow Us

Rand Price In India
Exxaro H1 coal export demand subdued amid strong seaborne prices Rand
Price In India

Exxaro H1 coal export demand subdued amid strong seaborne prices Rand Price In India

Rand Price In India
Short Description:

Product Description

Nagpur Ganga Jamuna Itwari India Documentary

Rand Price In India,<br />                                Exxaro H1 coal export demand subdued amid strong seaborne prices<br />
YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR Rand Price In India , YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR

https://www.spglobal.com/corporate-privacy-policy/corporate-privacy-and-cookie-notice


Receive daily email alerts, subscriber notes & personalize your experience.

and in less than 60 seconds continue your access to:

Check this box to unsubscribe from all promotional emails

[Yes] I would like to receive S&P Global Platts promotional emails.

By submitting this form you acknowledge that you have read and you agree to our

Access latest agriculture news and analysis, conferences and events.

Access latest coal news and analysis, conferences and events.

Access latest power news and analysis, conferences and events.

Access latest metal news and analysis, conferences and events.

Access latest gas news and analysis, conferences and events.

Access latest metal news and analysis, conferences and events.

Access latest oil news and analysis, conferences and events.

Access latest petrochemicals news and analysis, conferences and events.

Access latest shipping news and analysis, conferences and events.


Your registration is complete and your account is active. An email confirming your password has been sent. If you have any questions or concerns please contact

Please Note: Platts Market Center subscribers can only reset passwords via the

Enter your Email ID below and we will send you an email with your password.

You are a premium subscriber, we are unable to send you your password for security reasons.


If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the


IF you are a Platts Market Center subscriber, to reset your password go to the�

Exxaro H1 coal export demand subdued amid strong seaborne prices

Market Movers Asia, Aug 27-31: US-China trade war escalates; LNG spot prices jump on Russia's Sakhalin outage

Commodities |Energy |Electric Power |Natural Gas |LNG |Natural Gas (North American) |Financial Services |Banking |Infrastructure |Utilities |Structured Finance |

Rand Price In India,<br />                                Exxaro H1 coal export demand subdued amid strong seaborne prices<br />
Rand Price In India , says coal prices declining this year


Exxaro H1 coal export demand subdued amid strong seaborne prices

South African miner Exxaro experienced subdued export demand in the first half of the year as a result of high international prices, according to its earnings report released Thursday.


Receive daily email alerts, subscriber notes & personalize your experience.

Exxaro said the higher international coal prices have resulted in India, its "natural market," sourcing coal from Russia, the US and Australia instead.

The miner added that domestic trading conditions were favourable in H1 as producers experienced strong demand for higher quality product.

Sales volumes for thermal coal stood at 22.13 million mt in H1, an increase of roughly 5% on the year.

Of the total sales volume for H1, only 17.7% was sold to the export market, which was likely to have been drawn from stockpiles as no export volumes were produced in H1.

Sales to domestic power stations from commercial mines were up by 913,000 mt on year according to the report, as a result of the higher demand from the Medupi Power Station.

Rand Price In India,<br />                                Exxaro H1 coal export demand subdued amid strong seaborne prices<br />
Rand Price In India , an increase of 17% on the year.

Rand Price In India,<br />                                Exxaro H1 coal export demand subdued amid strong seaborne prices<br />
The company added that benchmark FOB Richards Bay 6,000 kcal/kg NAR prices had risen 23% on the year in H1 to $97/mt, which was a strong reason for coal revenue growth. However, revenues were partly offset by exchange rate variance between the rand/dollar exchange rate.

Another driver for revenue growth in coal sales was an increase in volumes to domestic utility Eskom.

Rand Price In India,<br />                                Exxaro H1 coal export demand subdued amid strong seaborne prices<br />
an increase of $14 on year. Rand Price In India , an increase of $14 on year.

Exxaro's met coal sales production stood at 585,000 mt in H1, an increase of 3% on year, while their production for the period came to 1.1 million mt, up 9% on year of which all was sold to the domestic market.


To continue reading you must login or register with us.


It’s free and easy to do. Please use the button below and we will bring you back here when complete.

0 Reviews:

Post Your Review