Extension of dull trend in international coal markets
16 May 2014
May 16: The dull trend witnessed earlier was extended on May 15 with major buyers still remaining less active in the market, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on May 15:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 15, 2014 |
May 14, 2014 |
May 8, 2014 |
November 15, 2013 |
May 16, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.60 |
76.75 |
77.00 |
80.50 |
80.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.75 |
68.80 |
70.00 |
65.50 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
74.00 |
74.00 |
73.20 |
81.90 |
88.90 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.20 |
66.70 |
67.00 |
72.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.60 |
55.60 |
55.60 |
54.40 |
60.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.30 |
37.30 |
37.40 |
38.50 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.80 |
32.50 |
36.90 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.50 |
114.50 |
113.50 |
142.00 |
142.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.50 |
113.50 |
112.50 |
140.50 |
141.00 |
Semi Soft |
82.25 |
82.25 |
80.75 |
94.00 |
102.00 |
|
Met Coke (CFR India) |
220.00 |
220.00 |
220.00 |
275.00 |
270.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 15, 2014 |
May 14, 2014 |
May 8, 2014 |
November 15, 2013 |
May 16, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.40 |
14.40 |
14.60 |
16.25 |
14.50 |
South Africa (RBCT) to India (East Coast) |
15.00 |
15.00 |
15.40 |
16.75 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
9.80 |
9.80 |
9.50 |
11.70 |
8.60 |
Indonesia (Kalimantan) to India (East Coast) |
8.80 |
8.80 |
8.50 |
10.25 |
7.60 |
Australia to India |
15.50 |
15.50 |
16.25 |
18.00 |
15.50 |
Source: Traders & ICMW data base