South Africa Coal Price Monthly and Annualy

The South Africa Coal Price in International Commodity Markets for April 2024 is 104.89 dollars per metric tonne, as estimated by the World Bank. In comparison to the previous month, March 2024, when South Africa Coal was valued at 104.84 dollars per metric tonne, there has been a net change of 0.050 dollars. This represents a percentage increase of 0.050%. Looking back to April 2023, the South African Coal price stood at 133.75 dollars per metric tonne. The current data reflects a dynamic market with a modest increase in South African Coal prices from April 2023 to April 2024, signaling potential shifts in global economic trends.

South Africa Coal Price in Last 12 Months World Bank

Source: World-bank
Last Updated: 25 May 2024
Index Last 12 Months Nominal US Dollars($/mt) Net-ChgPercentage-Chg
13April 2023$ 133.75--
12May 2023$ 103.00 $ -30.75-29.85 %
11June 2023$ 98.58 $ -4.42-4.48 %
10July 2023$ 96.75 $ -1.83-1.89 %
9August 2023$ 97.60 $ 0.850.87 %
8September 2023$ 99.85 $ 2.252.25 %
7October 2023$ 128.40 $ 28.5522.24 %
6November 2023$ 109.00 $ -19.40-17.80 %
5December 2023$ 108.83 $ -0.17-0.16 %
4January 2024$ 106.75 $ -2.08-1.95 %
3February 2024$ 105.19 $ -1.56-1.48 %
2March 2024$ 104.84 $ -0.35-0.33 %
1April 2024$ 104.89 $ 0.050.05 %

South Africa Coal Price Annual World Bank

The estimated South Africa coal price in 2023 was 119.11 dollars per metric tonne. This figure signifies the valuation of coal in the country's energy market, highlighting its importance as a natural resource. With its abundant coal reserves and active coal mining industry, South Africa plays a significant role in the global coal trade, supplying energy to various nations and contributing to economic development.

In the previous year, 2022, the South African coal price stood at 240.56 dollars per metric tonne. This figure reflects the pricing dynamics of coal in the country and its impact on the energy sector. The price of coal serves as a crucial indicator of market conditions and the industry's performance.

The net change in the South Africa coal price during 2023 amounted to -121.45 dollars per metric tonne, representing a loss of -101.96%.

Source: World-bank
Year Price Nominal US Dollars($/mt) Net-ChangePercentage-Change
1960 $ ---
1961 $ ---
1962 $ ---
1963 $ ---
1964 $ ---
1965 $ ---
1966 $ ---
1967 $ ---
1968 $ ---
1969 $ ---
1970 $ ---
1971 $ ---
1972 $ ---
1973 $ ---
1974 $ ---
1975 $ ---
1976 $ ---
1977 $ ---
1978 $ ---
1979 $ ---
1980 $ ---
1981 $ ---
1982 $ ---
1983 $ ---
1984 $ 32.87--
1985 $ 34.92 $ 2.055.87 %
1986 $ 30.37 $ -4.55-14.98 %
1987 $ 26.50 $ -3.87-14.60 %
1988 $ 28.10 $ 1.605.69 %
1989 $ 31.00 $ 2.909.35 %
1990 $ 32.88 $ 1.885.72 %
1991 $ 31.50 $ -1.38-4.38 %
1992 $ 28.83 $ -2.67-9.26 %
1993 $ 26.96 $ -1.87-6.94 %
1994 $ 28.56 $ 1.605.60 %
1995 $ 35.23 $ 6.6718.93 %
1996 $ 33.52 $ -1.71-5.10 %
1997 $ 31.35 $ -2.17-6.92 %
1998 $ 26.84 $ -4.51-16.80 %
1999 $ 24.27 $ -2.57-10.59 %
2000 $ 26.57 $ 2.308.66 %
2001 $ 33.86 $ 7.2921.53 %
2002 $ 26.02 $ -7.84-30.13 %
2003 $ 30.24 $ 4.2213.96 %
2004 $ 54.68 $ 24.4444.70 %
2005 $ 46.20 $ -8.48-18.35 %
2006 $ 50.69 $ 4.498.86 %
2007 $ 62.65 $ 11.9619.09 %
2008 $ 120.60 $ 57.9548.05 %
2009 $ 64.68 $ -55.92-86.46 %
2010 $ 91.62 $ 26.9429.40 %
2011 $ 116.30 $ 24.6821.22 %
2012 $ 92.92 $ -23.38-25.16 %
2013 $ 80.24 $ -12.68-15.80 %
2014 $ 72.34 $ -7.90-10.92 %
2015 $ 56.71 $ -15.63-27.56 %
2016 $ 63.95 $ 7.2411.32 %
2017 $ 85.15 $ 21.2024.90 %
2018 $ 97.64 $ 12.4912.79 %
2019 $ 71.94 $ -25.70-35.72 %
2020 $ 65.66 $ -6.28-9.56 %
2021 $ 119.84 $ 54.1845.21 %
2022 $ 240.56 $ 120.7250.18 %
2023 $ 119.11 $ -121.45-101.96 %

Introduction

In recent years, the South African coal price has attracted significant attention in both domestic and international markets. As a key player in the global coal industry, South Africa's coal reserves and production levels play a crucial role in shaping the commodity's price dynamics. In this article, we will delve into the various factors influencing the South African coal price and examine the key drivers behind its fluctuations. From supply and demand dynamics to regulatory factors, we will provide a comprehensive overview of the market.

 1. Historical Overview of South Africa's Coal Industry

To understand the current coal price in South Africa, it is essential to examine the historical context. South Africa has been blessed with abundant coal reserves, making it one of the largest coal producers in the world. The coal industry has played a pivotal role in the country's economic development, serving as a vital energy source for power generation and industrial activities.

 2. Supply and Demand Factors

Supply and demand dynamics exert a significant influence on the South African coal price. The demand for coal is primarily driven by electricity generation, industrial processes, and the steelmaking industry. Factors such as population growth, urbanization, and industrial expansion contribute to the increasing demand for coal. On the supply side, factors like mining production levels, infrastructure, and transportation capacity play a crucial role.

 3. International Market Trends

The South African coal price is also influenced by global market trends. As an internationally traded commodity, coal prices are subject to the dynamics of the global market. Factors like economic growth, energy policies, environmental regulations, and geopolitical events impact the demand and supply balance, consequently affecting the price.

 4. Infrastructure and Transportation

Efficient infrastructure and transportation networks are vital for the smooth operation of the coal industry. The availability of well-developed railways, ports, and logistics systems significantly impacts the cost of coal transportation. Investment in infrastructure development and maintenance plays a crucial role in determining the overall cost structure and competitiveness of South African coal.

 5. Regulatory Environment

Government policies and regulations have a direct impact on the South African coal price. Environmental regulations, carbon emissions targets, and efforts to promote renewable energy sources can influence the demand for coal. Additionally, mining regulations, licensing procedures, and labor laws impact the cost of coal production, which subsequently affects the price.

 6. Exchange Rates and Currency Fluctuations

Exchange rates and currency fluctuations can impact the South African coal price. As coal is traded in international markets, changes in currency values can affect the competitiveness of South African coal exporters. A stronger local currency may make exports more expensive, while a weaker currency can enhance competitiveness.

 7. Global Climate Change Initiatives

Growing concerns about climate change and the transition to cleaner energy sources have a bearing on the coal industry and its price. The implementation of global climate change initiatives and the shift towards renewable energy alternatives can lead to a decrease in coal consumption, which may put downward pressure on coal prices.

Know South Africa Currency Exchange Rate

 8. Technological Advances and Efficiency Improvements

Technological advancements in coal mining and processing can impact the cost structure and productivity of the industry. Innovations in extraction methods, mining equipment, and cleaner coal technologies can enhance operational efficiency and reduce costs. These advancements can indirectly influence the South African coal price by affecting production levels and overall industry competitiveness.

 9. Environmental Considerations

Environmental concerns surrounding coal mining, such as water pollution, land degradation, and greenhouse gas emissions, can lead to stricter regulations and increased compliance costs. Higher compliance costs can impact the overall cost structure and profitability of coal mining operations, potentially influencing the South African coal price.

Conclusion

The South African coal price is influenced by a multitude of factors, including supply and demand dynamics, international market trends, infrastructure, regulations, exchange rates, climate change initiatives, technological advancements, and environmental considerations. Understanding these factors and their interplay is crucial for stakeholders in the coal industry, including investors, producers, and consumers. By keeping a close eye on these variables, market participants can make informed decisions and adapt to the evolving dynamics of the South African coal market.

In conclusion, the South African coal price is a complex subject affected by various internal and external factors. By closely monitoring market trends, regulatory developments, and technological advancements, stakeholders can navigate the dynamic landscape of the coal industry and make strategic choices to optimize their positions.