Flat trend in international coal markets
18 Nov 2013
November 18: A flat trend prevailed in international coal markets on November 15 amidst ample supply and lack of major enquiries, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on November 15:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 15, 2013 |
Price/ton (in $ and FOB) as on Nov 14, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 08, 2013 |
6-month ago Price/ton (in $ and FOB) May 16, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 16, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
80.50 |
80.20 |
82.00 |
80.50 |
84.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.50 |
65.50 |
66.00 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
81.90 |
82.00 |
82.00 |
88.90 |
84.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.00 |
72.00 |
69.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.40 |
54.40 |
54.20 |
60.60 |
55.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.50 |
38.50 |
43.00 |
38.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.50 |
32.50 |
32.70 |
36.90 |
33.20 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
142.00 |
142.00 |
146.00 |
142.00 |
163.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
140.50 |
140.50 |
144.00 |
141.00 |
162.50 |
Semi Soft |
|
94.00 |
94.00 |
96.00 |
102.00 |
113.00 |
Met Coke (CFR India) |
|
275.00 |
274.00 |
274.00 |
270.00 |
305.00 |
Freight Rate:
Destination |
As on Nov 15, 2013 (in $/ton) |
As on Nov 14, 2013 (in $/ton) |
Week Ago Nov 08, 2013 (in $/ton) |
6-month Ago May 16, 2013 (in $/ton) |
Year Ago Nov 16, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.25 |
16.25 |
16.50 |
14.50 |
14.00 |
South Africa (RBCT) to India (East Coast) |
16.75 |
16.75 |
17.00 |
15.00 |
15.10 |
Indonesia (Kalimantan) to India (West Coast) |
11.70 |
11.70 |
11.75 |
8.60 |
10.10 |
Indonesia (Kalimantan) to India (East Coast) |
10.25 |
10.25 |
10.30 |
7.60 |
9.10 |
Australia to India |
18.00 |
18.00 |
18.00 |
15.50 |
NA |
Source: ICMW (Traders)