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New UserFurther improvement in SA coal prices
22 Jan 2016
Extending the upward trend seen yesterday, the spot price of South African coal moved up further on speculative deals and higher offers from traders and miners, market sources said.
Some revival in enquiries from prominent buyers in India appears to have helped the sentiment, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on January 22:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
January 21, 2016 |
January 20, 2016 |
January 14, 2016 |
July 22, 2015 |
January 22, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
50.75 |
50.00 |
49.40 |
56.30 |
- |
|
South African Steam Coal |
5500 Kcal/kg NAR |
39.20 |
38.90 |
39.00 |
47.90 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
49.10 |
49.00 |
49.25 |
60.50 |
- |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.80 |
46.70 |
47.00 |
52.50 |
- |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
38.00 |
37.90 |
37.50 |
40.60 |
- |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.25 |
28.80 |
- |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.00 |
20.00 |
20.20 |
23.70 |
- |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
76.00 |
76.00 |
81.50 |
- |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.00 |
75.00 |
75.00 |
80.50 |
- |
|
Semi Soft |
|
62.00 |
62.00 |
62.00 |
65.40 |
- |
|
Met Coke (CFR India) |
|
118.00 |
118.00 |
120.00 |
150.00 |
- |
Freight Rates
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
January 21, 2016 |
January 20, 2016 |
January 14, 2016 |
July 22, 2015 |
January 22, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
5.75 |
5.80 |
6.00 |
11.00 |
- |
|
South Africa (RBCT) to India (East Coast) |
6.00 |
6.00 |
6.10 |
11.20 |
- |
|
Indonesia (Kalimantan) to India (West Coast) |
4.00 |
4.00 |
4.10 |
7.80 |
- |
|
Indonesia (Kalimantan) to India (East Coast) |
3.15 |
3.15 |
3.25 |
6.10 |
- |
|
Australia to India |
6.25 |
6.25 |
6.40 |
11.25 |
- |
Sources: Traders and ICMW database