south african domestic coal prices 2012

coal prices | Electricity Governance Initiative – South Africa

Engineering News 27 June 2012. JOHANNESBURG – South Africa's ruling African National Congress (ANC) is looking to make coal a strategic resource, bolster the capacity of a state mining firm and hold off on imposing export taxes on minerals, a top party economic official said on Wednesday.

gdp | Search Results | Statistics South Africa

The South African economy grew by 1,1% in the first quarter of 2021 (January–March), translating into an annualised growth rate of 4,6%.1 This follows a revised 1,4% (annualised: 5,8%) rise in real gross domestic product (GDP) in the fourth quarter of 2020. The finance, mining and trade industries were the main drivers of output on read more ».

The end of coal? Planning a 'just transition' in South Africa

Coal in South Africa. South Africa today relies on coal to generate 92% of its electricity and to produce roughly 20% of its liquid . fuels (Department of Energy 2015). As a result, the public utility Eskom and chemical firm together account for more than 50% of South Africa's greenhouse gas emissions and 85% of the coal used in the local

THERMAL COAL - Anglo American

Colombia and South Africa. Cheap US natural gas displaced a significant volume of US domestic thermal coal in 2012, as utility companies switched from coal to gas. For the South African thermal coal industry, exports into Asia continued to

South African coal industry faces up to 14-year low prices ...

South Korean buyers have already returned to the South African market, booking at least two cargoes of high-CV RB coal in the past week, at prices at or below $49/t fob. Zero South African coal was shipped to South Korea in the first quarter of 2020, port data show.

Thermal coal prices soar as demand for electricity ...

Its South African equivalent is also trading at its highest level in more than 10 years, rising 44 per cent in 2021, according to the latest weekly assessment by commodity price provider Argus.

coal prices | Coal Today

Prompt physical coal prices for South African cargoes rose over a dollar to $119.25 a tonne this week, while prices for Australian cargoes have jumped nearly 8 percent to $136.50. Overseas traders said China's demand for imported coal remains very subdued and most of the enquiries received were for sub-bituminous

Will the global energy crisis set South Africa alight?

Although South Africa is a major producer of coal for domestic power stations, increased price pressure from greater export volumes will filter through to domestic power-generation costs.

Mineral Resources - GCIS

The South African coal mining industry is facing several chal- ... iron ore supplier in 2012. South Africa provided 40,6 Mt over the year, up 12% compared to 2011. Pock Afr 201213 A SS 154 ... industrial minerals is realised in the domestic market, as most are low-priced commodities and sold in bulk, making their ...

October, 2012 | Afri Coal Investments (Pty) Ltd

Whether we realize it or not, electricity from coal powers the lives of millions of South Africans. Domestic reserves of coal have provided the largest source of electricity that South African families and businesses have depended upon each and every day. But many people don't realize that.

Coal transitions in South Africa

COAL TRANSITION IN SOUTH AFRICA 5 energy pathway for South Africa. This points that there is a need for planning for South Africa's due to the rela-tive economics of new supply options alone. Even with limited implementation of climate change policy, coal …

Argus Coal Daily International

South African coal prices have edged lower this week, in line ... China domestic 96.37 nc ... 12R — 168 Friday 31 August 2012 Forward Coal Prices Swaps track crude and euro gains European coal swaps rose across the curve today supported by a …

Understanding the Role of Subsidies in South Africa's Coal ...

further light on the extent to which coal-based fuels may be mispriced in South Africa. Total MPS = (Domestic Price - Border Price) * Total Volume of Petrol In this calculation, • The domestic price refers to the BFP of petroleum (unleaded-95) in …

South Africa's budget this week could flip the script, say ...

South Africa's major economic ... week fall in benchmark coal prices. The BER said the sharp decline came amid measures from the Chinese government to increase its domestic coal output and rein ...

Coal - African Rainbow Minerals

In addition increases in demand and interest in South African coal was evident out of India with exports from South Africa to India increasing 130% in 2009. Thermal coal imports to India in 2009 were an estimated 56 million tonnes, 49% higher than the 38 …

South Africa - Energy Information Administration

South Africa exports about 30% of its coal production and is the fifth-largest global coal exporter. Most of South Africa's coal exports are sent to Asia, with India being the largest recipient. South Africa exported about 30% of its coal production (85 MMst in 2016), making it the world's fifth-largest global coal exporter.

Coal | 2021 Data | 2022 Forecast | 2008-2020 Historical ...

Newcastle Coal Futures edged higher to above $170 per metric tonne, the highest since October 29th, pressured by a surge in China's thermal coal futures as supply is expected to tighten. In recent days, the Chinese government has intensified a crackdown on illegal mining in the country's top coal producing region Shanxi after a round of inspections at the region's miners …

Rio Tinto sells stake at South African anthracite mine

2 China's domestic thermal coal prices edge lower on sluggish demand . China's domestic thermal coal prices continued falling due to sluggish downstream purchases. At major production areas, Sxcoal assessed 5,500 Kcal/kg NAR thermal coal at …

South African Coal Deal Is New Model for Climate Progress

To meet South Africa's Paris goals, coal's power share will need to decline much faster than that, going to zero by 2050. $8.5 billion will go a …

South Africa Economy Watch

South African domestic demand is still struggling to find growth after the years of rapid credit expansion between 2005 and 2008. Cement sales fell for a third consecutive year in 2010 as growth in the construction industry slowed and the housing market remained weak. Sales were down 7.8 percent compared with 2009, when they declined 13 percent.

South Africa Energy Statistics - United Nations

Source: Statistics South Africa, 2006. Energy Accounts for South Africa, 2002 – 2006. Most of South Africa's liquid fuel requirements are imported in the form of crude oil. Approximately thirty five percent is sourced from coal through South Africa Coal and Oil () and hundred

Euro Coal-Prices fall $1/T as more cargoes offered | Reuters

South African prices have fallen close to the two-year lows of $82.00 seen in June. A September cargo was bid at $80.50 on Tuesday but did not trade. GRAPHIC - Richards Bay coal prices: here

(PDF) The impact of the south african energy crisis on ...

The electricity reserve (%) of the South African coal fired power station fleet and the real annual percentage growth rate of the South African GDP during the period 1999 to 2012 [4].

South African coal miners look to domestic market for ...

According to recent research made by XMP Consulting, before 2009, domestic prices rose by an average 10%/year, with prices rising 8%/year over 2011-15 and 5% in 2016. Even with South African 5,500 kcal/kg NAR thermal coal export prices reasonably high compared with the low of $37.50/mt FOB hit in October 2015 and FOB prices in the $40s/mt …

Tata Group Eyes South African Coking Coal Assets - Steel ...

Reports suggest that India could import about 114 million tons of coal in 2011/12. India bought about 82 million tons of coal in 2010/11. India imports coal from Indonesia, Australia and South Africa.

Multi-product coal distribution and price discovery for ...

Mining is considered an important part of the South African economy, contributing 6% to gross domestic product and 35% to export earnings in 2016 (Ericsson and Löf 2019).Almost 50% of the value of mining production in South Africa is attributable to coal mining (Ericsson and Löf 2019).Coal sales data suggest that the value of coal mining in South Africa …

An empirical analysis of volatility in South African oil ...

The main objective of this study was to analyse the volatility of South African oil prices using quarterly time series data from 2000 to 2020. The effect of growth in gross domestic product per capita, interest rate, inflation and money supply growth on oil …

South African Coal - Amazon Web Services

2. Overview of South African coal sector South Africa's global position in terms of hard coal production has slipped and it now ranks sixth, behind China, USA, India, Australia and Indonesia. Total coal output in 2009 was 247 million tonnes (Mt). It ranks fifth as a hard coal exporter, behind Australia, Indonesia, Russia

South Africa and coal - Global Energy Monitor

Reuters reported that prices of prompt physical steam coal were largely unchanged again on Tuesday with coal lacking clear direction from fundamentals but macro factors such as China growth worries could start to erode prices, utilities and traders said. PRICES. A May South African cargo was bid at USD 103.50 and offered at USD 104.25, …

COAL MARKETING IN SOUTH AFRICA: THE INTRICASIES OF …

Table 4.17 South African domestic coal consumption 2008 52 Table 4.18 The most important planned coal projects in South Africa 56 ... 7.1.3 Price curves for thermal coal 106 7.2 Coal Risk Management and Derivative Trading 108 7.2.1 The approach to risk management 108 7.3 The Basics of Hedging Coal 110 ...

PRODUCER PRICE INDEX (PPI) - Statistics South Africa

Statistics South Africa 6 P0142.1 Producer Price Index, January 2012 Table 2 Contributions to the annual percentage change in the PPI for domestic output of South African industry groups Group Contribution at Dec 2011 Contribution at Jan 2012 Agriculture +1,0 +0,6 Forestry 0,0 +0,1 Mining and quarrying +2,1 +1,7 Food at manufacturing +0,6 +0,7

UNU-WIDER Working Paper No. 2012/46 The Economic ...

Arndt et al. (2012) compile an emissions profile for South Africa using information from national supply-use tables and energy balances. Table 1 describes the sources of carbon dioxide (CO2) emissions from burning primary fossil fuels (i.e., coal, crude oil and natural gas).1 Had South Africa burned its entire fossil fuel supply in 2005 it would

One coal rail line to South Africa's RBCT resumes after ...

The supply shortfall of South African coal raised expectations of increasing demand for the fossil fuel from other sources. On July 5, Newcastle thermal coal prices were assessed at $146.75T. jumping 4.76% from July 2, the highest ever in the history. Transnet also announced it would start the annual maintenance in July 13-19 as scheduled.

Gross domestic product - Statistics South Africa

STATISTICS SOUTH AFRICA P0441 Gross domestic product, first quarter 2019 3 Gross domestic product at constant 2010 prices: first quarter of 2019 Primary sector The agriculture, forestry and fishing industry contracted by 13,2% and contributed …

SOUTH AFRICAN COAL SECTOR REPORT - Energy

South Africa contributes about 3.5% of the world's coal resources. The country's production is around 3.3% of the world's annual total and exports approximately 6% of global exports. Coal is the major primary energy source for South Africa. More than 90% of the country's electricity

Power Africa in South Africa | Power Africa | U.S. Agency ...

Currently coal is by far the major energy source for South Africa, comprising around 80 percent of the country's energy mix. However, according to the 2019 Integrated Resource Plan (IRP), 24,100 MW of conventional thermal power sources, specifically coal, are likely to be decommissioned within the next 10-30 years.