Further firmness seen in international coal prices
25 Nov 2013
November 25: International coal prices inched up further on November 22 even as major buying continued to elude the market, industry sources said.
"Offer prices are rising, but bids are not coming," they said.
Following are the indicative prices of coal in various markets and indicative freight rates on November 22:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 22, 2013 |
Price/ton (in $ and FOB) as on Nov 21, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 15, 2013 |
6-month ago Price/ton (in $ and FOB) May 23, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 23, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
84.20 |
83.20 |
80.50 |
83.10 |
89.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
67.20 |
66.90 |
65.50 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
82.25 |
82.25 |
81.90 |
88.50 |
88.65 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.00 |
67.75 |
67.00 |
73.25 |
70.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.20 |
54.40 |
60.60 |
54.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.75 |
38.50 |
43.00 |
38.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.50 |
32.50 |
32.50 |
37.00 |
33.10 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
139.50 |
139.50 |
142.00 |
141.00 |
161.25 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
137.50 |
137.50 |
140.50 |
139.50 |
161.00 |
Semi Soft |
|
97.50 |
97.00 |
94.00 |
98.75 |
112.00 |
Met Coke (CFR India) |
|
275.00 |
275.00 |
275.00 |
268.00 |
306.00 |
Freight Rate:
Destination |
As on Nov 22, 2013 (in $/ton) |
As on Nov 21, 2013 (in $/ton) |
Week Ago Nov 15, 2013 (in $/ton) |
6-month Ago May 23, 2013 (in $/ton) |
Year Ago Nov 23, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.25 |
16.00 |
16.25 |
14.25 |
15.30 |
South Africa (RBCT) to India (East Coast) |
16.75 |
16.50 |
16.75 |
14.50 |
16.50 |
Indonesia (Kalimantan) to India (West Coast) |
11.60 |
11.60 |
11.70 |
8.50 |
10.80 |
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
10.00 |
10.25 |
7.50 |
9.70 |
Australia to India |
17.50 |
17.00 |
18.00 |
15.50 |
NA |
Source: ICMW (Traders)