Coal prices firm up selectively
19 Nov 2013
November 19: A firm trend was witnessed in international coal markets on November 18 with prices of South African steam and select Indonesian varieties moving up by around $0.75 per ton on higher enquiries, industry sources said.
The firmness was also witnessed in the coking coal category reportedly on lower stocks with miners, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on November 18:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 18, 2013 |
Price/ton (in $ and FOB) as on Nov 15, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 11, 2013 |
6-month ago Price/ton (in $ and FOB) May 17, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 19, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
81.25 |
80.50 |
81.00 |
81.25 |
84.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.80 |
65.50 |
65.60 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
82.00 |
81.90 |
81.80 |
87.90 |
84.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.00 |
72.00 |
69.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.75 |
54.40 |
54.40 |
60.60 |
55.10 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.50 |
38.50 |
43.00 |
38.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.50 |
32.50 |
32.70 |
37.00 |
33.20 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
143.00 |
142.00 |
146.00 |
141.50 |
162.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
141.00 |
140.50 |
144.00 |
140.50 |
161.50 |
Semi Soft |
|
94.50 |
94.00 |
96.50 |
101.00 |
113.00 |
Met Coke (CFR India) |
|
275.00 |
275.00 |
274.00 |
270.00 |
303.00 |
Freight Rate:
Destination |
As on Nov 18, 2013 (in $/ton) |
As on Nov 15, 2013 (in $/ton) |
Week Ago Nov 11, 2013 (in $/ton) |
6-month Ago May 17, 2013 (in $/ton) |
Year Ago Nov 19, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.00 |
16.25 |
16.70 |
14.50 |
14.40 |
South Africa (RBCT) to India (East Coast) |
16.50 |
16.75 |
17.20 |
15.00 |
15.60 |
Indonesia (Kalimantan) to India (West Coast) |
11.70 |
11.70 |
11.90 |
8.50 |
10.20 |
Indonesia (Kalimantan) to India (East Coast) |
10.25 |
10.25 |
10.50 |
7.50 |
9.10 |
Australia to India |
17.00 |
18.00 |
18.00 |
15.50 |
NA |
Source: ICMW (Traders)