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 UserCoal prices advance further
24 Oct 2013
October 24: Spot prices of steam coal, particularly of South African and Australian varieties, continued to record gains amidst reports of restricted availability and higher enquiries, industry sources said.
The number of bids continued to remain low even as offer prices surged, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on October 23:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Oct 23, 2013 |
Price/ton (in $ and FOB) as on Oct 22, 2013 |
Week Ago Price/ton (in $ and FOB) Oct 16, 2013 |
6-month ago Price/ton (in $ and FOB) Apr 24, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 25, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
84.25 |
82.75 |
76.00 |
82.10 |
79.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
63.50 |
63.25 |
60.75 |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
82.00 |
80.00 |
78.00 |
86.50 |
81.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.80 |
66.80 |
67.00 |
74.50 |
70.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.20 |
54.20 |
54.20 |
60.00 |
54.40 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.75 |
38.70 |
43.00 |
37.80 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.10 |
33.10 |
33.25 |
36.00 |
33.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.50 |
146.50 |
148.00 |
151.50 |
146.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
145.00 |
145.00 |
146.50 |
150.50 |
146.75 |
|
Semi Soft |
|
96.00 |
95.50 |
95.50 |
107.00 |
98.00 |
|
Met Coke (CFR India) |
|
272.00 |
274.00 |
266.00 |
286.00 |
315.00 |
Freight Rate:
|
Destination |
As on Oct 23, 2013 (in $/ton) |
As on Oct 22, 2013 (in $/ton) |
Week Ago Oct 16, 2013 (in $/ton) |
6-month Ago Apr 24, 2013 (in $/ton) |
Year Ago Oct 25, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
18.80 |
18.80 |
19.10 |
14.60 |
14.00 |
|
South Africa (RBCT) to India (East Coast) |
19.50 |
19.50 |
19.60 |
15.60 |
15.30 |
|
Indonesia (Kalimantan) to India (West Coast) |
13.80 |
13.80 |
14.10 |
10.00 |
9.60 |
|
Indonesia (Kalimantan) to India (East Coast) |
12.30 |
12.30 |
12.50 |
8.90 |
8.50 |
|
Australia to India |
20.00 |
20.00 |
21.50 |
16.50 |
NA |
Source: ICMW (Traders)