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 softness in SA, Australian steam coal prices
09 Jan 2014
January 9: Spot steam coal prices of South African and Australian origin softened further on low demand, industry sources said.
While Chinese demand for Australian steam coal was pegged lower, the anticipation of continuous smooth supplies from Colombia to European countries put pressure on South African coal, they added.
Freight rates continued to soften in the absence of deals, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 8:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Jan 08, 2014 |
Price/ton (in $ and FOB) as on Jan 07, 2014 |
Week Ago Price/ton (in $ and FOB) Jan 01, 2014 |
6-month ago Price/ton (in $ and FOB) Jul 09, 2013 |
Year Ago Price/ton (in $ and FOB) Jan 09, 2013 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
82.00 |
83.50 |
85.25 |
72.50 |
86.60 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
67.50 |
68.25 |
68.50 |
66.25 |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
82.75 |
83.00 |
85.50 |
76.50 |
91.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
71.00 |
71.00 |
70.00 |
70.40 |
72.10 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
58.00 |
58.00 |
57.70 |
59.25 |
57.15 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.10 |
38.25 |
38.25 |
42.75 |
39.25 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.25 |
32.25 |
32.20 |
36.75 |
33.70 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
133.75 |
133.75 |
131.00 |
131.50 |
162.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
132.25 |
132.25 |
130.00 |
130.00 |
162.00 |
|
Semi Soft |
93.75 |
93.50 |
91.50 |
90.25 |
119.00 |
|
|
Met Coke (CFR India) |
272.00 |
272.00 |
272.00 |
256.00 |
299.00 |
Freight Rate:
|
Destination |
As on Jan 08, 2014 (in $/ton) |
As on Jan 07, 2014 (in $/ton) |
Week Ago Jan 01, 2014 (in $/ton) |
6-month Ago Jul 09, 2013 (in $/ton) |
Year Ago Jan 09, 2013 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
15.90 |
16.10 |
17.30 |
14.75 |
13.10 |
|
South Africa (RBCT) to India (East Coast) |
16.20 |
16.40 |
17.50 |
15.00 |
14.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.25 |
10.50 |
11.70 |
9.60 |
8.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.75 |
9.00 |
10.25 |
8.25 |
7.60 |
|
Australia to India |
17.00 |
17.00 |
18.50 |
16.00 |
NA |
Source: ICMW (Traders)