APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserExtension of stable trend international coal markets
02 Sep 2016
A stable trend prevailed in international coal markets on September 1 on higher offers despite a slight slowdown in bids, market sources said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on September 1:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
September 1, 2016 |
August 31, 2016 |
August 25, 2016 |
March 2, 2016 |
September 2, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
66.00 |
66.10 |
65.25 |
53.40 |
52.60 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
53.25 |
53.15 |
52.50 |
41.50 |
42.10 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
67.80 |
67.75 |
66.00 |
53.00 |
59.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
60.30 |
60.25 |
58.50 |
45.90 |
51.70 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.75 |
48.75 |
47.15 |
37.00 |
38.80 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
33.80 |
33.80 |
32.75 |
26.20 |
27.20 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
26.25 |
26.25 |
25.90 |
20.70 |
22.20 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
141.00 |
141.00 |
118.00 |
77.25 |
81.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
140.00 |
140.00 |
117.00 |
76.25 |
80.50 |
|
Semi Soft |
|
83.50 |
83.50 |
80.00 |
63.80 |
63.00 |
|
Met Coke (CFR India) |
CSR 62 |
231.00 |
230.00 |
212.00 |
117.00 |
143.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
September 1, 2016 |
August 31, 2016 |
August 25, 2016 |
March 2, 2016 |
September 2, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
7.90 |
7.90 |
7.90 |
5.75 |
8.90 |
|
South Africa (RBCT) to India (East Coast) |
8.00 |
8.00 |
7.70 |
6.10 |
9.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.20 |
6.20 |
6.00 |
4.35 |
6.70 |
|
Indonesia (Kalimantan) to India (East Coast) |
5.15 |
5.15 |
5.00 |
3.70 |
5.50 |
|
Australia to India |
8.00 |
8.00 |
9.20 |
6.40 |
9.90 |
Source: ICMW and Traders