Flat trend in international coal prices
08 May 2014
May 8: Spot coal prices showed a flat trend in the international markets on May 7, market sources said.
There were hardly any new enquiries from India which has seen a drop in imported coal demand in recent weeks, the sources said.
Coking coal prices and freight rates also moved sideways.
Following are the indicative prices of coal in various markets and indicative freight rates on May 7:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 7, 2014 |
May 6, 2014 |
April 30, 2014 |
November 7, 2013 |
May 8, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.10 |
77.00 |
77.30 |
82.00 |
81.90 |
South African Steam Coal |
5500 Kcal/kg NAR |
69.75 |
69.75 |
70.00 |
66.00 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.00 |
73.00 |
83.50 |
88.40 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.60 |
66.60 |
66.80 |
67.00 |
71.75 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.50 |
55.40 |
54.20 |
60.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.20 |
37.20 |
37.20 |
38.50 |
42.70 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.60 |
32.70 |
36.70 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.30 |
113.50 |
113.50 |
146.00 |
145.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.40 |
112.50 |
112.25 |
144.50 |
144.25 |
Semi Soft |
80.50 |
80.50 |
80.50 |
95.50 |
103.00 |
|
Met Coke (CFR India) |
218.00 |
218.00 |
218.00 |
274.00 |
270.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 7, 2014 |
May 6, 2014 |
April 30, 2014 |
November 7, 2013 |
May 8, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.70 |
14.70 |
14.50 |
16.50 |
15.00 |
South Africa (RBCT) to India (East Coast) |
15.50 |
15.50 |
15.25 |
17.00 |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.70 |
9.50 |
11.75 |
9.60 |
Indonesia (Kalimantan) to India (East Coast) |
8.70 |
8.70 |
8.50 |
10.30 |
8.10 |
Australia to India |
16.30 |
16.30 |
16.25 |
18.00 |
16.50 |
Source: Traders & ICMW data base