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New UserDivergent trends in international coal markets
10 Sep 2013
September 10: A divergent trend was witnessed in international coal markets on September 9 as South African prices softened a bit whereas Australian steam coal prices firmed up somewhat while Indonesian prices continued to remain soft, industry sources said.
South African coal prices softened by $0.60 per ton whereas the Australian material advanced by $0.65 per ton during the day compared to the September 6 levels, they said.
Indonesian prices remained on the softer side with 3,800 Kcal and 5,900 Kcal (GAR) prices softening by $0.20 per ton, but others remained unchanged.
Following are the indicative prices of coal in various markets and indicative freight rates on September 9:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 09, 2013 |
Price/ton (in $ and FOB) as on Sep 06, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 02, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 11, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 10, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
70.40 |
71.00 |
71.25 |
83.75 |
85.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.25 |
62.25 |
62.25 |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
75.40 |
74.75 |
75.75 |
90.75 |
90.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.40 |
68.60 |
68.60 |
76.40 |
71.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.50 |
56.50 |
56.50 |
60.90 |
56.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
40.00 |
40.00 |
40.00 |
41.80 |
39.20 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
34.00 |
34.20 |
34.60 |
35.40 |
33.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
152.50 |
152.50 |
151.00 |
164.00 |
149.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
150.50 |
150.50 |
149.00 |
164.50 |
150.00 |
|
Semi Soft |
98.50 |
99.00 |
101.00 |
115.00 |
97.00 |
|
|
Met Coke (CFR India) |
260.00 |
260.00 |
260.00 |
302.00 |
328.00 |
Freight Rate:
|
Destination |
As on Sep 09, 2013 (in $/ton) |
As on Sep 06, 2013 (in $/ton) |
Week Ago Sep 02, 2013 (in $/ton) |
6-month Ago Mar 11, 2013 (in $/ton) |
Year Ago Sep 10, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
15.00 |
15.00 |
14.70 |
15.90 |
13.90 |
|
South Africa (RBCT) to India (East Coast) |
15.50 |
15.50 |
15.25 |
16.90 |
15.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.50 |
10.50 |
10.10 |
10.90 |
8.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.25 |
9.25 |
8.90 |
9.70 |
7.90 |
|
Australia to India |
16.50 |
17.00 |
16.50 |
16.00 |
NA |
Source: ICMW (Traders)