Diverse trends seen in international steam coal markets
04 Apr 2014
April 4: A diverse trend was witnessed in international steam coal markets on April 3 as South African standard coal prices advanced a bit on buying support while Australian prices softened even as Indonesian rates remained largely unchanged, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 3:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on April 3, 2014 |
As on April 2, 2014 |
Week ago March 27, 2014 |
6-month ago October 4, 2013 |
Year ago April 4, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
73.75 |
73.40 |
73.25 |
76.75 |
81.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
64.50 |
64.60 |
64.80 |
59.80 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.50 |
74.00 |
74.25 |
78.85 |
90.40 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.00 |
68.00 |
68.60 |
67.75 |
75.25 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.50 |
54.50 |
54.80 |
54.50 |
59.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.50 |
37.50 |
37.30 |
38.75 |
42.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.25 |
32.25 |
32.25 |
33.50 |
35.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
109.00 |
150.00 |
151.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
110.50 |
107.50 |
148.00 |
150.50 |
Semi Soft |
82.60 |
82.50 |
79.50 |
96.00 |
111.00 |
|
Met Coke (CFR India) |
207.00 |
210.00 |
212.00 |
266.00 |
291.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on April 3, 2014 |
As on April 2, 2014 |
Week ago March 27, 2014 |
6-month ago October 4, 2013 |
Year ago April 4, 2013 |
|
South Africa (RBCT) to India (West Coast) |
15.00 |
15.30 |
16.70 |
18.40 |
15.75 |
South Africa (RBCT) to India (East Coast) |
15.50 |
15.80 |
17.10 |
19.10 |
16.75 |
Indonesia (Kalimantan) to India (West Coast) |
10.00 |
10.10 |
10.60 |
13.60 |
10.60 |
Indonesia (Kalimantan) to India (East Coast) |
8.60 |
8.80 |
9.20 |
12.35 |
9.60 |
Australia to India |
16.80 |
16.50 |
17.50 |
21.10 |
17.00 |
Source: Traders & ICMW data base