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Coal news and updates

Flat trend in international coal prices

20 May 2014

May 20: Spot coal prices showed mostly a flat trend in the international markets on May 19, market sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on May 19:

Description of Coal

Specification

Price/ton (in $ and FOB)

As on,

As on,

Week ago,

6-month ago,

Year ago,

May 19, 2014

May 16, 2014

May 12, 2014

November 20, 2013

May 20, 2013

South African Steam Coal

6000 Kcal/kg NAR

            76.50

                76.70

                   76.75

                   82.60

            81.80

South African Steam Coal

5500 Kcal/kg NAR

            69.00

                69.00

                   69.70

                   66.60

                -  

Australian Steam Coal

6300 Kcal/kg GAR

            74.20

                73.80

                   73.75

                   82.25

            88.60

Indonesian Steam Coal

5900 Kcal/kg GAR

            66.80

                67.00

                   67.20

                   67.50

            72.00

Indonesian Steam Coal

5000 Kcal/kg GAR

            55.75

                55.75

                   55.50

                   55.10

            60.60

Indonesian Steam Coal

4200 Kcal/kg GAR

            37.40

                37.30

                   37.30

                   38.75

            43.00

Indonesian Steam Coal

3800 Kcal/kg GAR

            31.25

                31.50

                   31.70

                   32.50

            37.00

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

           114.50

               114.50

                 114.00

                 142.50

           141.00

Premium Low Vol

VM-21.5%, Ash-9.3%

           113.50

               113.50

                 113.00

                 140.50

           140.00

Semi Soft

 

            82.00

                82.00

                   81.75

                   97.00

           100.00

Met Coke (CFR India)

 

           220.00

               220.00

                 220.00

                 275.00

           270.00

Freight Rate:

Destination

(in $/ton)

As on

As on

Week ago,

6-month ago,

Year ago,

May 19, 2014

May 16, 2014

May 12, 2014

November 20, 2013

May 20, 2013

South Africa (RBCT) to India (West Coast)

            15.00

            14.90

                14.40

                   16.00

                   14.50

South Africa (RBCT) to India (East Coast)

            15.50

            15.50

                15.40

                   16.50

                   15.00

Indonesia (Kalimantan) to India (West Coast)

              9.80

            10.00

                  9.90

                   11.60

                    8.50

Indonesia (Kalimantan) to India (East Coast)

              8.80

              9.00

                  8.90

                   10.00

                    7.50

Australia to India

            15.75

            15.75

                16.00

                   17.00

                   15.50