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New UserBuyers’ absence leads to further easing of coal prices
05 Jan 2015
January 5: Spot prices of steam coal in international markets softened further on January 2 in the absence of buyers, market sources said.
The impact was more visible on South African and Australian steam coal prices even as the Indonesian variety remained largely unchanged, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 2:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
January 2, 2015 |
January 1, 2015 |
December 26, 2014 |
July 3, 2014 |
January 3, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
63.50 |
63.75 |
65.00 |
73.50 |
84.25 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
54.20 |
54.60 |
56.00 |
65.10 |
68.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
64.70 |
65.10 |
65.80 |
69.60 |
84.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.50 |
59.50 |
59.60 |
66.00 |
70.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.80 |
47.80 |
48.10 |
53.00 |
57.80 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
35.40 |
35.40 |
35.40 |
36.70 |
38.25 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
28.80 |
28.80 |
28.80 |
30.70 |
32.20 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.50 |
111.50 |
111.00 |
111.00 |
133.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
110.00 |
109.75 |
110.00 |
131.50 |
|
Semi Soft |
|
81.00 |
81.00 |
79.00 |
76.00 |
92.00 |
|
Met Coke (CFR India) |
|
198.00 |
200.00 |
200.00 |
204.00 |
272.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
January 2, 2015 |
January 1, 2015 |
December 26, 2014 |
July 3, 2014 |
January 3, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
12.00 |
12.00 |
12.35 |
13.75 |
16.75 |
|
South Africa (RBCT) to India (East Coast) |
12.40 |
12.40 |
12.80 |
14.75 |
17.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
7.80 |
7.80 |
8.00 |
8.90 |
11.25 |
|
Indonesia (Kalimantan) to India (East Coast) |
7.20 |
7.20 |
7.10 |
7.40 |
9.75 |
|
Australia to India |
10.90 |
10.90 |
11.10 |
14.75 |
17.50 |
Source: Traders and ICMW database