Flat trend extends in international coal markets
27 May 2014
May 27: Spot coal prices remained almost flat on May 26 as limited buying enquiries continued to hold sway in the global markets.
Matching the expectations of traders, major enquiries still eluded the market.
Following are the indicative prices of coal in various markets and indicative freight rates on May 26:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 26, 2014 |
May 23, 2014 |
May 19, 2014 |
November 27, 2013 |
May 27, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.20 |
77.10 |
76.50 |
83.50 |
83.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.50 |
68.40 |
69.00 |
66.80 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
74.00 |
74.00 |
74.20 |
82.60 |
88.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.20 |
66.80 |
68.30 |
73.20 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.80 |
55.80 |
55.75 |
55.90 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.40 |
37.40 |
37.40 |
38.75 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.40 |
31.40 |
31.25 |
32.50 |
37.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
113.00 |
114.50 |
139.50 |
140.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
113.50 |
137.50 |
139.00 |
Semi Soft |
79.00 |
79.00 |
82.00 |
98.00 |
98.50 |
|
Met Coke (CFR India) |
220.00 |
220.00 |
220.00 |
274.00 |
268.00 |
Freight Rate:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 26, 2014 |
May 23, 2014 |
May 19, 2014 |
November 27, 2013 |
May 27, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.00 |
14.00 |
15.00 |
16.50 |
14.25 |
South Africa (RBCT) to India (East Coast) |
14.80 |
14.80 |
15.50 |
17.00 |
14.50 |
Indonesia (Kalimantan) to India (West Coast) |
9.50 |
9.50 |
9.80 |
11.75 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
8.75 |
8.75 |
8.80 |
10.20 |
7.50 |
Australia to India |
15.75 |
15.75 |
15.75 |
17.50 |
15.50 |