Insight
PCI coal outlook: Low volatile coals facing greater competition
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The PCI trade is poised to grow from 54 Mtpa in 2016, to 77Mtpa by 2035. But, like all metallurgical coals, demand growth is almost completely reliant on the expansion of the Indian steel industry. Unfortunately, India's need for imported PCI will grow only modestly until around 2024, before accelerating, meaning the annual trade in PCI increases by 3 Mt to 2020 and 6 Mt to 2025. Low volatile PCI will remain the highest value PCI product, due to its higher net carbon content, and coke replacement ratio. But a new breed of mid-volatile and high-volatile PCIs, including the so-called "2nd tier" PCIs, will provide stiffer competition, particularly in the medium term whilst total demand remains quite flat.
Table of contents
- PCI coal outlook: Low volatile coals facing greater competition
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Midland Valley CBM unconventional concept play
A detailed analysis of the Midland Valley CBM unconventional play.
$2,800
Asset Report
Cheshire CBM unconventional concept play
A detailed analysis of the Cheshire CBM unconventional play.
$2,800
Commodity Market Report
Europe power capacity markets long-term pricing outlook
Analysis exploring the firm capacity gap in markets, capacity price outlook and key market characteristics.
$15,000
