Coal prices remain firm
25 Oct 2013
October 25: The spot prices of steam coal continued to remain firm in international markets on October 24, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on October 24:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Oct 24, 2013 |
Price/ton (in $ and FOB) as on Oct 23, 2013 |
Week Ago Price/ton (in $ and FOB) Oct 17, 2013 |
6-month ago Price/ton (in $ and FOB) Apr 25, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 25, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
84.50 |
84.25 |
77.00 |
81.60 |
79.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
63.50 |
63.50 |
61.50 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
82.25 |
82.00 |
78.50 |
85.50 |
81.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.80 |
66.80 |
66.80 |
73.50 |
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 |
38.50 |
42.50 |
37.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.10 |
33.10 |
33.15 |
36.00 |
33.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.50 |
146.50 |
148.00 |
149.50 |
146.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
145.00 |
145.00 |
146.00 |
148.50 |
146.75 |
Semi Soft |
|
96.00 |
96.00 |
95.50 |
104.00 |
98.00 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
266.00 |
280.00 |
315.00 |
Freight Rate:
Destination |
As on Oct 24, 2013 (in $/ton) |
As on Oct 23, 2013 (in $/ton) |
Week Ago Oct 17, 2013 (in $/ton) |
6-month Ago Apr 25, 2013 (in $/ton) |
Year Ago Oct 25, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
18.80 |
18.80 |
19.00 |
15.50 |
14.00 |
South Africa (RBCT) to India (East Coast) |
19.50 |
19.50 |
19.60 |
16.20 |
15.30 |
Indonesia (Kalimantan) to India (West Coast) |
13.80 |
13.80 |
14.00 |
10.50 |
9.60 |
Indonesia (Kalimantan) to India (East Coast) |
12.30 |
12.30 |
12.50 |
9.40 |
8.50 |
Australia to India |
20.00 |
20.00 |
21.50 |
17.00 |
NA |
Source: ICMW (Traders)