petrosea - integrated mining solutions & engineering
TRANSCRIPT
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ISO 14001:2015 &
ISO 45001:2018
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26
COAL MARKET OUTLOOK 2020
China 32%
India 27%
Japan 6%
Southeast Asia 22%
South Korea 7%
COAL MARKET OUTLOOK 2021
Sources: ICMA, MMR
Indonesia Coal Export Market Share
51,3
67,1
95,7
80,1
97,2
106.6 117,5
102,4
92,4
75,6
63,9 54,3
54,2
66,1
89,2
27,2
42,0 42,8 45,4 44,8 41.6
33.5 37,6 34,2
25,3 24,2 32,3
40,8 36,0 42,0
51,8 52,5 52,1 53.3
49,3 47,1 45,1 36,4
36,3 35,4
1Q16
2Q16
3Q16
4Q16
1Q17
2Q17
3Q17
4Q17
1Q18
2Q18
3Q18
4Q18
1Q19
2Q19
3Q19
4Q19
1Q20
2Q20
3Q20
4Q20
1Q21
Newcastle ICI-4 ASP
Sources: S&P Global Platts, ACI
Newcastle, ICI-4 & ASP
• Coal price, including ICI-4, has started to recover as of October 2020• Global coal demand recovery is also supported by COVID-19 vaccine availability in 2021• Demand for thermal coal remains driven by China, India and Southeast Asia • Thermal coal buyers in China have been looking for alternate sources in the wake of China banning Australian coal
imports and China’s policy on coal remains a key factor for price movement• Tight seaborne supply is seen due to heavy rainfall in Kalimantan. After CNY, China’s domestic coal price remains
elevated, supported by limited production quotas at pits and stronger demand
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3.00
3.20
3.40
3.60
3.80
4.00
4.20
3.10
3.20
3.30
3.40
3.50
3.60
3.70
