Further rise in SA coal prices, others remain weak
06 Feb 2014
February 6: Spot prices of standard South African coal rose further due to loading- related issues that prevailed on February 5 even as rates of coals of other origin remained largely unchanged in the absence of Chinese demand, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 5:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) as on Feb 05, 2014 |
Price/ton (in $ and FOB) as on Feb 04, 2014 |
Week Ago Price/ton (in $ and FOB) Jan 29, 2014 |
6-month ago Price/ton (in $ and FOB) Aug 06, 2013 |
Year Ago Price/ton (in $ and FOB) Feb 06, 2013 |
South African Steam Coal |
6000 Kcal/kg NAR |
82.00 |
81.50 |
81.50 |
71.70 |
83.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.60 |
65.00 |
66.00 |
64.80 |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
76.50 |
77.00 |
81.00 |
78.60 |
97.30 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.00 |
70.25 |
71.00 |
69.20 |
75.30 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.50 |
56.60 |
57.00 |
57.50 |
59.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.20 |
38.20 |
38.00 |
42.25 |
40.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.50 |
36.40 |
34.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
127.50 |
127.00 |
126.50 |
136.00 |
173.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
126.00 |
125.50 |
125.00 |
134.00 |
172.75 |
Semi Soft |
88.90 |
88.75 |
87.50 |
95.00 |
125.50 |
|
Met Coke (CFR India) |
260.00 |
260.00 |
265.00 |
245.00 |
300.00 |
Freight Rate:
Destination
|
As on Feb 05, 2014 (in $/ton) |
As on Feb 04, 2014 (in $/ton) |
Week Ago Jan 29, 2014 (in $/ton) |
6-month Ago Aug 06, 2013 (in $/ton) |
Year Ago Feb 06, 2013 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
15.75 |
15.75 |
16.00 |
15.25 |
14.00 |
South Africa (RBCT) to India (East Coast) |
16.00 |
16.00 |
16.40 |
15.75 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
8.60 |
9.00 |
9.40 |
9.80 |
7.80 |
Indonesia (Kalimantan) to India (East Coast) |
7.60 |
8.00 |
8.40 |
8.50 |
7.10 |
Australia to India |
15.75 |
16.00 |
16.75 |
16.00 |
NA |
Source: ICMW (Traders)