Australian steam coal prices fall, others stay unchanged
11 Nov 2013
November 11: Spot coal prices in international markets remained largely unchanged, but Australian steam coal prices corrected downward after maintaining a firm trend over the past couple of days, industry sources said.
“Lack of major enquiries has tapered down the price movement,” they added.
Following are the indicative prices of coal in various markets and indicative freight rates on November 8:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 08, 2013 |
Price/ton (in $ and FOB) as on Nov 07, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 01, 2013 |
6-month ago Price/ton (in $ and FOB) May 09, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 09, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
82.00 |
82.00 |
83.00 |
81.80 |
81.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
66.00 |
66.00 |
64.25 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
82.00 |
83.50 |
83.60 |
88.25 |
81.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
66.50 |
72.00 |
69.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.20 |
54.20 |
53.90 |
60.60 |
54.70 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.50 |
38.50 |
42.75 |
37.70 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.70 |
32.70 |
32.75 |
36.80 |
33.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.00 |
146.00 |
147.00 |
145.00 |
161.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
144.00 |
144.50 |
145.00 |
144.00 |
161.00 |
Semi Soft |
|
96.00 |
95.50 |
97.00 |
102.00 |
109.50 |
Met Coke (CFR India) |
|
274.00 |
274.00 |
272.00 |
273.00 |
307.00 |
Freight Rate:
Destination |
As on Nov 08, 2013 (in $/ton) |
As on Nov 07, 2013 (in $/ton) |
Week Ago Nov 01, 2013 (in $/ton) |
6-month Ago May 09, 2013 (in $/ton) |
Year Ago Nov 09, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.50 |
16.50 |
16.75 |
14.60 |
12.80 |
South Africa (RBCT) to India (East Coast) |
17.00 |
17.00 |
17.25 |
15.10 |
14.00 |
Indonesia (Kalimantan) to India (West Coast) |
11.75 |
11.75 |
12.00 |
9.10 |
9.90 |
Indonesia (Kalimantan) to India (East Coast) |
10.30 |
10.30 |
10.50 |
7.80 |
8.60 |
Australia to India |
18.00 |
18.00 |
17.00 |
16.50 |
NA |
Source: ICMW (Traders)