Scribd Logo
Upload

Welcome to Scribd!

  • Shenhua Mine 2006 Coal Reference Prices

    Uploaded by

    xaver law
    12 views10 pages
    This document contains information about coal prices in China from 1996 to 2006 including: - Mine mouth, railway delivered, and port FOB prices for thermal and coking coal in 2006 ranging from $14-49 per ton depending on location. - Estimated cost breakdowns for producing and delivering thermal and coking coal showing components like production cost, taxes, transportation. - A table showing China's coal freight rates per tonne/km from 1996 to 2006, which increased over time with an average annual rise of around 0.4 yuan per tonne/km. - Commentary on freight rate adjustments over time and sharing fees for new rail lines.

    Original Description:

    Original Title

    Chinese Coa LPrice Structure

    Copyright

    © © All Rights Reserved

    Available Formats

    XLS, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains information about coal prices in China from 1996 to 2006 including: - Mine mouth, railway delivered, and port FOB prices for thermal and coking coal in 2006 ranging from $14-49 per ton depending on location. - Estimated cost breakdowns for producing and delivering thermal and coking coal showing components like production cost, taxes, transportation. - A table showing China's coal freight rates per tonne/km from 1996 to 2006, which increased over time with an average annual rise of around 0.4 yuan per tonne/km. - Commentary on freight rate adjustments over time and sharing fees for new rail lines.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    12 views10 pages

    Shenhua Mine 2006 Coal Reference Prices

    Uploaded by

    xaver law
    This document contains information about coal prices in China from 1996 to 2006 including: - Mine mouth, railway delivered, and port FOB prices for thermal and coking coal in 2006 ranging from $14-49 per ton depending on location. - Estimated cost breakdowns for producing and delivering thermal and coking coal showing components like production cost, taxes, transportation. - A table showing China's coal freight rates per tonne/km from 1996 to 2006, which increased over time with an average annual rise of around 0.4 yuan per tonne/km. - Commentary on freight rate adjustments over time and sharing fees for new rail lines.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 10

    Reference Price - 2006 Actual from Shenhua

    - Actual Spot Price -

    - Actual LT Price -

    Mine
    Mouth
    Price

    US$14.26

    Mine
    Mouth
    Price

    US$17.09

    Railway
    Delivered
    Price

    US$37.02

    Railway
    Delivered
    Price

    US$28.56

    Port FOB
    Price

    US$49.35

    Port FOB
    Price

    US$43.39

    Spot Freight^
    US$14.20

    LT Freight^
    US$9.50
    Delivered
    Price

    US$63.55

    ^Freight estimated by Banpu PCL

    Delivered
    Price

    US$52.89

    --- Local Estimated Coal Price Breakdown ---

    Coal Type

    Thermal

    Coking

    SDF

    US$0.65-2.59

    US$1.94-2.59

    *Effective

    US$0.65-5.18

    US$1.94-5.18

    Unit Production
    Cost

    US$8.0-15.0

    31%

    23%

    Unit Production
    Cost Incl. Tax

    US$8.7-20.2

    34%

    31%

    Railway/Truck
    US$8-25
    Sea Freight
    US$9-20
    Delivered Price US$25.7-65.2

    *Coal mines of less than 450kt, 450-900kt, and more than 900kt will have to pay 2x,
    1.5x and 1x the tax respectively.

    ---Estimated Coal Price Breakdown --Unit Production


    Cost
    Coal Type
    SDF

    Thermal

    Coking

    US$0.65-2.59

    US$1.94-2.59

    US$8.00-15.00

    *Effective

    US$0.65-5.18

    US$1.94-5.18
    Mine Mouth
    Price

    US$8.65-20.18

    Rail / Truck
    US$8.00-25.00
    Rail Delivered
    Price

    US$16.65-45.18

    Sea Freight
    US$9.00-20.00
    Sea Delivered
    US$25.65-65.18
    Price

    China: Coal Freight Rates 1996 - 2006


    Date

    Freight Rate - (CNY


    cent/tonne/km)

    Change - (CNY
    cent/tonne/km)

    Apr-96

    6.05

    Jun-97

    6.55

    0.50

    Apr-98

    7.55

    1.00

    Feb-99

    7.86

    0.31

    Jul-00

    7.95

    0.09

    Dec-03

    8.20

    0.25

    Apr-05

    8.70

    0.50

    Apr-06

    9.14

    0.44

    Comment:
    Freight increased CNY0.5/tonne/km; set up CNY0.1/tonne/km as sharing railway freight; consturction fund increases CNY 0.1/tonne/km
    Increase CNY0.5/tonne/km for normally operating railways and temporarily operating railways that are under the uniform freight rate
    Average increasae CNY1.0/tonne/km for normally operating railways and temporarily operating railways that are under uniform rate
    CNY0.11/tonne/km of sharing freight for "new freight for new line"; additional fee for electrification increases from CNY1.0 to CNY1.2
    No. 1 to No. 5 freight rate increases CNY0.09
    Average freight increases CNY0.25; sharing fee of "new freight for new line" is CNY0.12 that is combined to the uniform rate.
    Increase CNY0.50/tonne/km on average
    Increase CNY0.44/tonne/km on average

    Railway Freight - CNY / tonne / km


    Apr-06

    0.0905
    0.0861

    Freight - CNY / tonne / km

    0.0044

    You might also like