APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserFurther soft trend in international coal markets
25 Sep 2014
September 25: A lack of bids in anticipation of a further decline in prices led to a weak trend in international coal markets on September 24, prompting South African and Australian steam coal prices to soften further, market sources said.
The prices of higher grades of Indonesian coal, however, remained firm, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on September 24:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
September 24, 2014 |
September 23, 2014 |
September 17, 2014 |
March 25, 2014 |
September 25, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
67.25 |
67.75 |
67.60 |
73.50 |
74.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
59.20 |
59.70 |
60.00 |
65.00 |
60.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
65.90 |
65.90 |
65.80 |
72.50 |
77.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.40 |
63.40 |
63.00 |
68.80 |
68.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.35 |
50.25 |
50.00 |
55.00 |
56.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.75 |
36.75 |
36.70 |
37.00 |
39.60 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.25 |
30.25 |
30.50 |
32.10 |
33.80 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
112.00 |
108.00 |
152.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
110.50 |
111.00 |
107.00 |
150.00 |
|
Semi Soft |
77.40 |
77.40 |
76.00 |
79.00 |
97.50 |
|
|
Met Coke (CFR India) |
190.00 |
190.00 |
190.00 |
218.00 |
270.00 |
|
Freight Rate:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
September 24, 2014 |
September 23, 2014 |
September 17, 2014 |
March 25, 2014 |
September 25, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
15.75 |
16.25 |
18.00 |
17.10 |
17.20 |
|
South Africa (RBCT) to India (East Coast) |
16.25 |
17.25 |
19.00 |
17.40 |
17.80 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.40 |
11.40 |
11.90 |
10.80 |
12.60 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.70 |
9.40 |
10.10 |
9.60 |
11.25 |
|
Australia to India |
15.50 |
15.60 |
16.00 |
17.50 |
19.00 |
Source: Traders & ICMW data base