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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New UserExtremely weak trend in international coal markets
10 Jun 2014
June 10: The spot coal prices turned extremely weak in international markets on June 9 in absence of bids in anticipation of further softness in prices, market sources said.
Faced with limited enquiries, the sellers too were found to be offering lower rates for South African and Australian cargos, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on June 09:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
June 9, 2014 |
June 6, 2014 |
June 2, 2014 |
December 10, 2013 |
June 10, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
74.50 |
75.70 |
76.15 |
84.80 |
79.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
66.25 |
67.10 |
67.10 |
68.25 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
71.75 |
72.20 |
73.00 |
84.40 |
85.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.20 |
67.20 |
68.90 |
73.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.25 |
55.50 |
55.50 |
56.50 |
60.25 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.50 |
37.50 |
37.30 |
38.75 |
43.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.50 |
31.40 |
32.80 |
36.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.50 |
113.50 |
113.50 |
134.50 |
136.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.00 |
112.00 |
112.00 |
133.00 |
135.25 |
|
Semi Soft |
77.50 |
76.75 |
76.50 |
91.75 |
97.50 |
|
|
Met Coke (CFR India) |
214.00 |
212.00 |
212.00 |
272.00 |
265.00 |
|
Freight Rate:
|
Destination
|
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
June 9, 2014 |
June 6, 2014 |
June 2, 2014 |
December 10, 2013 |
June 10, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
14.00 |
13.25 |
13.50 |
17.75 |
13.80 |
|
South Africa (RBCT) to India (East Coast) |
14.25 |
14.25 |
14.20 |
18.25 |
14.10 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.25 |
9.25 |
9.70 |
12.80 |
8.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.30 |
8.30 |
8.50 |
11.20 |
7.30 |
|
Australia to India |
15.00 |
15.50 |
15.50 |
19.00 |
14.50 |
Source: Traders & ICMW data base