APMDC Suliyari Coal Upcoming MP MSME auction 1,00,000 MT @SBP INR 2516/- Per MT on 1st July 2024
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New UserFurther decline seen in SA coal prices
24 Jan 2014
January 24: Spot prices of South African steam coal softened further on January 23 on low demand from Europe and the absence of Chinese enquiries, industry sources said.
Coking coal prices too softened in the absence of Chinese buyers who are busy preparing for their New Year holidays starting next week, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on January 23:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) as on Jan 23, 2014 |
Price/ton (in $ and FOB) as on Jan 21, 2014 |
Week Ago Price/ton (in $ and FOB) Jan 16, 2014 |
6-month ago Price/ton (in $ and FOB) Jul 24, 2013 |
Year Ago Price/ton (in $ and FOB) Jan 24, 2013 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
83.50 |
84.75 |
86.50 |
72.00 |
84.60 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
67.00 |
67.50 |
67.75 |
65.00 |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
81.25 |
82.25 |
82.80 |
78.25 |
92.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.75 |
70.00 |
70.25 |
69.30 |
73.60 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.60 |
57.00 |
57.10 |
57.30 |
57.30 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.00 |
38.00 |
38.25 |
42.25 |
39.30 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.80 |
31.80 |
32.10 |
36.00 |
33.80 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
127.00 |
130.50 |
131.75 |
133.75 |
170.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
125.00 |
129.00 |
130.25 |
132.00 |
169.50 |
|
Semi Soft |
89.00 |
91.50 |
92.00 |
89.50 |
120.00 |
|
|
Met Coke (CFR India) |
264.00 |
272.00 |
272.00 |
247.00 |
302.00 |
Freight Rate:
|
Destination
|
As on Jan 23, 2014 (in $/ton) |
As on Jan 21, 2014 (in $/ton) |
Week Ago Jan 16, 2014 (in $/ton) |
6-month Ago Jul 24, 2013 (in $/ton) |
Year Ago Jan 24, 2013 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
15.75 |
15.50 |
15.70 |
15.75 |
13.10 |
|
South Africa (RBCT) to India (East Coast) |
16.00 |
15.75 |
15.90 |
16.00 |
14.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.20 |
9.20 |
9.40 |
10.00 |
8.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.25 |
8.25 |
8.40 |
8.70 |
7.10 |
|
Australia to India |
17.00 |
16.50 |
17.00 |
16.50 |
NA |
Source: ICMW (Traders)