Australian prices firm, SA, Indonesian turn soft
02 Dec 2015
India Coal Market Watch
December 1: The firmness witnessed in the lower grades of Indonesian and South African coals during the past few days fizzled out on the last working day of November due to restricted Indian enquiries, market sources said.
However, Australian steam coal prices firmed up a bit after a soft trend seen in the previous day in anticipation of a rise in Chinese enquiries, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on November 30:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
November 30, 2015 |
November 27, 2015 |
November 23, 2015 |
May 31, 2015 |
December 1, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
57.30 |
57.75 |
57.70 |
- |
66.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
40.80 |
40.80 |
41.00 |
- |
57.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
52.50 |
52.20 |
52.25 |
- |
63.25 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.90 |
- |
60.10 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.25 |
37.25 |
37.00 |
- |
48.75 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.30 |
26.50 |
26.40 |
- |
36.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.00 |
20.00 |
19.80 |
- |
29.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
72.80 |
73.00 |
73.70 |
- |
112.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.00 |
72.20 |
73.00 |
- |
110.75 |
Semi Soft |
|
60.80 |
60.80 |
61.25 |
- |
77.75 |
Met Coke (CFR India) |
|
123.00 |
123.00 |
127.00 |
- |
198.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
November 30, 2015 |
November 27, 2015 |
November 23, 2015 |
May 31, 2015 |
December 1, 2014 |
|
South Africa (RBCT) to India (West Coast) |
6.70 |
6.50 |
6.40 |
- |
14.50 |
South Africa (RBCT) to India (East Coast) |
6.90 |
6.70 |
6.50 |
- |
15.25 |
Indonesia (Kalimantan) to India (West Coast) |
5.20 |
5.10 |
5.00 |
- |
10.40 |
Indonesia (Kalimantan) to India (East Coast) |
4.30 |
4.20 |
3.90 |
- |
9.00 |
Australia to India |
7.75 |
7.75 |
7.20 |
- |
15.20 |
Source: Traders and ICMW database