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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03 Jul 2014
July 3: The subdued trend in spot coal prices in international markets witnessed earlier was extended on July 2 on continued absence of buyers, market sources said.
The initial expectation that Chinese companies would come to rescue in absence of major Indian buying did not materialise as a result of which coal prices are ruling soft, they said.
Reports that a few cargo meant for China had to be diverted to South Korea due to liquidity issue in the former is also affecting market sentiment, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on July 2:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
July 2, |
July 1, |
June 25, |
January 2, |
July 3, |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
73.80 |
74.00 |
74.15 |
85.00 |
72.10 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
65.10 |
64.90 |
64.60 |
68.50 |
66.75 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
69.60 |
70.00 |
69.75 |
85.60 |
77.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.00 |
66.00 |
66.50 |
70.00 |
71.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
53.25 |
53.25 |
53.75 |
57.70 |
60.10 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.90 |
36.75 |
37.00 |
38.25 |
43.20 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.90 |
30.90 |
31.00 |
32.20 |
37.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
111.00 |
111.00 |
131.00 |
131.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
110.00 |
110.00 |
130.00 |
129.50 |
|
Semi Soft |
77.00 |
76.00 |
77.00 |
91.50 |
91.00 |
|
|
Met Coke (CFR India) |
206.00 |
206.00 |
210.00 |
272.00 |
255.00 |
|
Freight Rate:
|
Destination
|
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
July 2, |
July 1, |
June 25, |
January 2, |
July 3, |
|
|
South Africa (RBCT) to India (West Coast) |
13.75 |
13.50 |
13.25 |
17.30 |
15.00 |
|
South Africa (RBCT) to India (East Coast) |
14.75 |
14.50 |
12.50 |
17.50 |
15.30 |
|
Indonesia (Kalimantan) to India (West Coast) |
8.75 |
8.50 |
8.25 |
11.70 |
10.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
7.25 |
7.00 |
7.25 |
10.25 |
8.50 |
|
Australia to India |
14.50 |
14.20 |
13.80 |
18.50 |
14.50 |
Source: Traders & ICMW data base