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New UserCoal prices stay flat in international markets
26 Aug 2013
India Coal Market Watch
August 23: Spot coal prices remained largely flat in international markets on August 22 as Indian buyers continued to grapple with the rupee’s depreciation vis-à-vis the dollar, industry sources said.
“The market sentiment is down. We don’t see much hope till the rupee’s fall is arrested,” they said.
Reports that China is serious about reducing its coal consumption also impacted the market, leading to marginal drop in South African and Australian thermal coal prices.
Following are the indicative prices of coal in various markets and indicative freight rates on August 22:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Aug 22, 2013 |
Price/ton (in $ and FOB) as on Aug 21, 2013 |
Week Ago Price/ton (in $ and FOB) Aug 16, 2013 |
6-month ago Price/ton (in $ and FOB) Feb 25, 2013 |
Year Ago Price/ton (in $ and FOB) Aug 23, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
73.80 |
74.00 |
74.00 |
85.00 |
89.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
64.25 |
64.50 |
65.00 |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
77.40 |
77.75 |
78.75 |
94.00 |
91.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.00 |
69.00 |
68.25 |
75.80 |
71.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
57.00 |
57.00 |
57.00 |
60.00 |
55.60 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
41.35 |
41.35 |
41.25 |
41.20 |
38.75 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
35.60 |
35.60 |
35.50 |
35.10 |
33.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.00 |
146.00 |
144.00 |
169.50 |
162.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
144.50 |
144.50 |
143.00 |
170.00 |
162.50 |
|
Semi Soft |
97.00 |
97.00 |
96.50 |
120.00 |
104.00 |
|
|
Met Coke (CFR India) |
253.00 |
253.00 |
250.00 |
296.00 |
338.00 |
Freight Rate:
|
Destination |
As on Aug 22, 2013 (in $/ton) |
As on Aug 21, 2013 (in $/ton) |
Week Ago Aug 16, 2013 (in $/ton) |
6-month Ago Feb 25, 2013 (in $/ton) |
Year Ago Aug 23, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
14.25 |
14.25 |
15.00 |
14.90 |
15.00 |
|
South Africa (RBCT) to India (East Coast) |
14.75 |
14.75 |
15.25 |
15.90 |
16.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.25 |
9.25 |
9.60 |
8.90 |
9.20 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.00 |
8.00 |
8.30 |
7.90 |
8.20 |
|
Australia to India |
16.00 |
16.00 |
16.50 |
15.50 |
NA |
Source: ICMW (Traders)