Coal prices inch up on marginally higher supplies
15 Feb 2016
After a weak trend in the past few days, the spot prices of seaborne coal inched up a bit on lower availability even as there was not much increase in actual deals, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on February 12:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
February 12, 2016 |
February 11, 2016 |
February 5, 2016 |
August 13, 2015 |
February 13, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
51.50 |
51.00 |
52.40 |
55.20 |
66.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
39.50 |
39.00 |
38.50 |
46.10 |
55.50 |
Australian Steam Coal |
6300 Kcal/kg GAR |
50.60 |
50.35 |
51.00 |
59.65 |
61.70 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.50 |
46.00 |
46.00 |
53.00 |
58.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
36.75 |
36.25 |
36.50 |
40.30 |
47.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.00 |
28.30 |
34.40 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.15 |
20.10 |
20.00 |
23.60 |
27.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.50 |
76.00 |
76.00 |
85.50 |
104.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.50 |
75.00 |
75.00 |
84.50 |
103.00 |
Semi Soft |
|
62.25 |
62.00 |
62.00 |
65.50 |
79.70 |
Met Coke (CFR India) |
|
120.00 |
120.00 |
118.00 |
149.00 |
187.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
February 12, 2016 |
February 11, 2016 |
February 5, 2016 |
August 13, 2015 |
February 13, 2015 |
|
South Africa (RBCT) to India (West Coast) |
5.45 |
5.40 |
5.50 |
10.30 |
9.00 |
South Africa (RBCT) to India (East Coast) |
5.60 |
5.55 |
5.75 |
10.35 |
9.30 |
Indonesia (Kalimantan) to India (West Coast) |
4.20 |
4.15 |
4.20 |
6.75 |
6.00 |
Indonesia (Kalimantan) to India (East Coast) |
3.40 |
3.35 |
3.45 |
5.45 |
4.50 |
Australia to India |
6.00 |
6.40 |
6.50 |
9.90 |
9.50 |
Sources: Traders and ICMW database