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New UserAustralian steam coal price soften
04 Sep 2014
September 4: Prices of Australian steam softened on September 3 whereas off-spec South African coal prices too turned weak, tracking Australian rates, market sources said.
Coals of other origin and grades remained largely stable during the day even as coking coal prices softened on low enquiries, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on September 3:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
September 3, 2014 |
September 2, 2014 |
August 27, 2014 |
March 4, 2014 |
September 4, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
68.00 |
68.00 |
68.75 |
76.50 |
71.15 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
61.30 |
61.80 |
62.50 |
63.60 |
62.25 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
66.50 |
67.50 |
69.20 |
76.20 |
74.90 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.10 |
63.25 |
63.60 |
70.00 |
68.60 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
50.00 |
50.40 |
56.25 |
56.70 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.50 |
36.50 |
38.10 |
40.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.00 |
32.25 |
34.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
113.00 |
114.00 |
119.50 |
151.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
111.50 |
113.00 |
117.50 |
149.00 |
|
Semi Soft |
75.60 |
75.75 |
76.90 |
84.00 |
99.50 |
|
|
Met Coke (CFR India) |
192.00 |
192.00 |
190.00 |
246.00 |
260.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
September 3, 2014 |
September 2, 2014 |
August 27, 2014 |
March 4, 2014 |
September 4, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
17.75 |
17.75 |
15.80 |
16.50 |
14.70 |
|
South Africa (RBCT) to India (East Coast) |
18.40 |
18.20 |
16.50 |
17.00 |
15.25 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.40 |
11.20 |
10.20 |
11.00 |
10.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
10.40 |
10.20 |
9.30 |
9.50 |
8.90 |
|
Australia to India |
15.25 |
14.80 |
14.50 |
17.50 |
17.00 |
Source: Traders & ICMW data base