APMDC Suliyari Coal Upcoming MP MSME auction 1,00,000 MT @SBP INR 2516/- Per MT on 1st July 2024
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New UserAmple supplies push down SA coal prices
27 Jan 2014
January 27: Spot prices of South African steam coal softened further on January 24 on ample supplies amidst absence of Chinese enquiries and Indian interest, industry sources said.
Coal prices are likely to remain soft throughout the week due to the Chines New Year, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 24:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Jan 24, 2014 |
Price/ton (in $ and FOB) as on Jan 23, 2014 |
Week Ago Price/ton (in $ and FOB) Jan 17, 2014 |
6-month ago Price/ton (in $ and FOB) Jul 25, 2013 |
Year Ago Price/ton (in $ and FOB) Jan 25, 2013 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
82.75 |
83.50 |
86.70 |
72.00 |
85.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
65.75 |
67.00 |
67.90 |
64.50 |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
81.25 |
81.25 |
83.00 |
78.60 |
92.75 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.75 |
69.75 |
70.25 |
69.30 |
73.70 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.60 |
56.60 |
57.10 |
57.30 |
57.40 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.00 |
38.00 |
38.25 |
42.10 |
39.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.75 |
31.80 |
32.10 |
36.00 |
33.90 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
127.00 |
127.00 |
131.75 |
133.75 |
170.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
125.00 |
125.00 |
130.25 |
132.00 |
169.50 |
|
Semi Soft |
87.00 |
89.00 |
92.00 |
92.00 |
121.50 |
|
|
Met Coke (CFR India) |
264.00 |
264.00 |
272.00 |
245.00 |
302.00 |
Freight Rate:
|
Destination |
As on Jan 24, 2014 (in $/ton) |
As on Jan 23, 2014 (in $/ton) |
Week Ago Jan 17, 2014 (in $/ton) |
6-month Ago Jul 25, 2013 (in $/ton) |
Year Ago Jan 25, 2013 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
15.90 |
15.75 |
15.60 |
15.75 |
13.60 |
|
South Africa (RBCT) to India (East Coast) |
16.25 |
16.00 |
15.85 |
16.00 |
14.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.25 |
9.20 |
9.30 |
10.00 |
7.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.25 |
8.25 |
8.30 |
8.70 |
7.00 |
|
Australia to India |
16.50 |
17.00 |
17.00 |
16.50 |
NA |
Source: ICMW (Traders)