Coal prices range-bound in international markets
30 Apr 2014
April 30: Spot coal prices remained range-bound on April 29 on lack of genuine buying and ample supplies, industry sources said.
The usual trend of firmness in spot prices towards the end of a particular month was not visible this time, except for off-spec material of South African origin, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on April 29:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 29, 2014 |
April 28, 2014 |
April 22, 2014 |
October 30, 2013 |
April 30, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.25 |
77.30 |
78.00 |
84.50 |
80.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
70.50 |
70.60 |
69.60 |
64.60 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.50 |
73.50 |
73.00 |
82.25 |
85.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.50 |
66.60 |
66.75 |
66.50 |
71.75 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.00 |
55.00 |
54.80 |
53.75 |
60.25 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.90 |
36.90 |
37.70 |
38.50 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.25 |
31.40 |
33.00 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
113.00 |
113.00 |
147.00 |
149.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
145.00 |
147.50 |
Semi Soft |
81.00 |
80.80 |
84.00 |
96.50 |
103.00 |
|
Met Coke (CFR India) |
215.00 |
215.00 |
213.00 |
272.00 |
272.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 29, |
April 28, |
April 22, |
October 30, |
April 30, |
|
South Africa (RBCT) to India (West Coast) |
14.30 |
14.50 |
13.80 |
17.40 |
15.50 |
South Africa (RBCT) to India (East Coast) |
15.10 |
15.20 |
14.10 |
18.00 |
16.00 |
Indonesia (Kalimantan) to India (West Coast) |
9.50 |
9.50 |
9.40 |
12.75 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
8.40 |
8.50 |
8.40 |
11.25 |
8.80 |
Australia to India |
16.00 |
16.20 |
15.20 |
17.50 |
17.00 |
Source: Traders & ICMW data base