APMDC Suliyari Coal Upcoming MP MSME auction 1,00,000 MT @SBP INR 2516/- Per MT on 1st July 2024
Registered User
New UserCoal prices stay subdued in global markets
17 Feb 2014
February 17: Seaborne coal prices in the international market showed little movement on February 14 as soft demand from China and India continued to impact, trading sources said.
Also, the lukewarm demand from Europe led to a downward pressure on prices, they said. The low demand from India and China has seen much of South African exports moving to Europe in recent weeks, leading to a drop in domestic prices.
The sources said the soft trend is likely to stay for the next couple of weeks before any firmness could be expected in March.
Following are the indicative prices of coal in various markets and indicative freight rates on February 14:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) as on Feb 14, 2014 |
Price/ton (in $ and FOB) as on Feb 13, 2014 |
Week Ago Price/ton (in $ and FOB) Feb 07, 2014 |
6-month ago Price/ton (in $ and FOB) Aug 14, 2013 |
Year Ago Price/ton (in $ and FOB) Feb 14, 2013 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
79.55 |
79.45 |
83.25 |
73.00 |
84.40 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
65.50 |
65.70 |
66.50 |
65.00 |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
74.50 |
74.65 |
75.80 |
79.00 |
95.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.20 |
70.25 |
70.25 |
67.50 |
75.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.75 |
56.75 |
56.80 |
57.00 |
59.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.60 |
38.75 |
40.75 |
41.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.70 |
31.90 |
31.90 |
35.20 |
35.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
124.40 |
124.50 |
127.00 |
139.50 |
173.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
123.50 |
123.50 |
126.00 |
139.00 |
172.50 |
|
Semi Soft |
87.25 |
87.50 |
88.25 |
97.00 |
125.00 |
|
|
Met Coke (CFR India) |
257.00 |
257.00 |
257 |
245.00 |
298.00 |
Freight Rate:
|
Destination
|
As on Feb 14, 2014 (in $/ton) |
As on Feb 13, 2014 (in $/ton) |
Week Ago Feb 07, 2014 (in $/ton) |
6-month Ago Aug 14, 2013 (in $/ton) |
Year Ago Feb 13, 2013 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
16.10 |
16.00 |
15.50 |
15.75 |
14.00 |
|
South Africa (RBCT) to India (East Coast) |
16.60 |
16.50 |
15.80 |
16.10 |
15.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.90 |
9.90 |
9.20 |
9.90 |
7.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.20 |
9.20 |
8.30 |
8.75 |
6.60 |
|
Australia to India |
17.50 |
17.50 |
15.75 |
16.00 |
NA |
Source: Traders & ICMW data base