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 softness in steam coal prices
19 Apr 2016
The spot prices of South African origin steam coal softened further on April 18 amidst higher offering and comparatively low bids, market sources said.
Indian buying was limited as they are now looking to book against monsoon stocking, they said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on April 18:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
April 18, 2016 |
April 15, 2016 |
April 11, 2016 |
October 22, 2015 |
April 17, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.50 |
54.40 |
51.80 |
48.80 |
60.90 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
42.60 |
43.50 |
44.60 |
37.80 |
51.40 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.50 |
50.50 |
50.75 |
51.80 |
59.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
44.00 |
44.00 |
44.50 |
49.20 |
57.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.50 |
37.50 |
37.50 |
37.60 |
45.90 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.25 |
26.25 |
26.25 |
26.00 |
32.40 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.40 |
20.40 |
20.50 |
20.60 |
26.30 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
92.00 |
92.00 |
87.25 |
79.50 |
90.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
91.00 |
91.00 |
86.25 |
78.50 |
89.00 |
|
Semi Soft |
|
66.00 |
66.00 |
65.75 |
62.00 |
70.50 |
|
Met Coke (CFR India) |
CSR 62 |
131.00 |
131.00 |
123.00 |
132.00 |
172.50 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
April 18, 2016 |
April 15, 2016 |
April 11, 2016 |
October 22, 2015 |
April 17, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
7.10 |
7.10 |
6.30 |
8.20 |
9.40 |
|
South Africa (RBCT) to India (East Coast) |
7.20 |
7.20 |
6.60 |
8.25 |
9.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
4.75 |
6.20 |
6.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.30 |
4.30 |
4.10 |
5.00 |
5.10 |
|
Australia to India |
7.00 |
7.00 |
6.90 |
9.20 |
9.20 |
Source: Traders and ICMW database