APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserContinued weakness in international coal markets
09 Jul 2014
July 9: There was no reprieve from the soft trend prevailing in international coal markets on the continued absence of demand amidst ample supplies, market sources said.
The current trend is likely to persist as buyers expect prices to soften further and they delay their purchases, they said, adding, “most of the Indian buyers are well stocked for monsoon requirements and are only looking at bargain buying.”
Following are the indicative prices of coal in various markets and indicative freight rates on July 8:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
July 8, 2014 |
July 7, 2014 |
July 1, 2014 |
January 9, 2014 |
July 9, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
72.15 |
72.25 |
74.00 |
81.50 |
72.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
64.70 |
65.00 |
64.90 |
67.50 |
66.25 |
Australian Steam Coal |
6300 Kcal/kg GAR |
69.60 |
69.75 |
70.00 |
82.25 |
76.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
65.60 |
66.00 |
66.00 |
71.00 |
70.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
52.25 |
52.80 |
53.25 |
58.00 |
59.25 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.75 |
36.70 |
36.75 |
38.00 |
42.75 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.60 |
30.70 |
30.90 |
32.25 |
36.75 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
110.50 |
111.00 |
133.75 |
131.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
109.50 |
110.00 |
132.20 |
130.00 |
Semi Soft |
75.30 |
75.75 |
76.00 |
93.75 |
90.25 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
206.00 |
272.00 |
256.00 |
|
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
July 8, 2014 |
July 7, 2014 |
July 1, 2014 |
January 9, 2014 |
July 9, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.00 |
13.90 |
13.50 |
15.90 |
14.75 |
South Africa (RBCT) to India (East Coast) |
15.00 |
14.90 |
14.50 |
16.20 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
9.20 |
9.10 |
8.50 |
10.25 |
9.60 |
Indonesia (Kalimantan) to India (East Coast) |
7.75 |
7.60 |
7.00 |
8.75 |
8.25 |
Australia to India |
14.90 |
14.75 |
14.20 |
17.00 |
16.00 |