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
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