Coal prices move sideways in flat international market
14 Dec 2015
India Coal Market Watch
December 11: Spot thermal coal prices showed a marginal weakness in South Africa and Australia, but remained flat in other major markets.
Coal stocks at Indian power plants are currently at comfortable levels. Also, Chinese imports continue to report a decline. Market sources said the subdued trend will continue to prevail in the current month.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on December 10:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
December 10, 2015 |
December 9, 2015 |
December 3, 2015 |
June 15, 2015 |
December 10, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
52.80 |
53.10 |
55.25 |
61.80 |
66.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
40.60 |
40.60 |
40.40 |
53.40 |
57.25 |
Australian Steam Coal |
6300 Kcal/kg GAR |
52.20 |
52.30 |
51.75 |
59.60 |
62.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.90 |
52.50 |
60.10 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.40 |
37.40 |
37.40 |
42.00 |
48.40 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.00 |
30.10 |
35.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.90 |
19.90 |
19.90 |
24.25 |
28.75 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.50 |
73.50 |
73.50 |
90.00 |
113.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.60 |
72.60 |
72.60 |
89.00 |
111.50 |
Semi Soft |
|
61.50 |
61.50 |
61.50 |
70.25 |
78.50 |
Met Coke (CFR India) |
|
123.00 |
123.00 |
123.00 |
157.00 |
200.00 |
Freight Rate
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
December 10, 2015 |
December 9, 2015 |
December 3, 2015 |
June 15, 2015 |
December 10, 2014 |
|
South Africa (RBCT) to India (West Coast) |
6.70 |
6.70 |
6.70 |
9.75 |
13.25 |
South Africa (RBCT) to India (East Coast) |
6.80 |
6.80 |
6.80 |
9.60 |
14.00 |
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
5.00 |
7.00 |
9.25 |
Indonesia (Kalimantan) to India (East Coast) |
4.15 |
4.15 |
4.15 |
5.80 |
8.25 |
Australia to India |
7.00 |
7.00 |
7.00 |
10.70 |
13.50 |
Source: Traders and ICMW database