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 seen in SA, Australian coal prices
22 Mar 2016
A further softness was witnessed in South African and Australian coal prices on March 21 along expected lines, but there was a slight improvement in materialisation of transactions, market sources said.
The softness was along expected lines as prices had jumped sharply during the past few sessions, they added.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on March 21:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
March 21, 2016 |
March 18, 2016 |
March 14, 2016 |
September 22, 2015 |
March 22, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.20 |
53.50 |
57.00 |
50.70 |
- |
|
South African Steam Coal |
5500 Kcal/kg NAR |
43.80 |
43.90 |
44.50 |
40.00 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
54.25 |
54.40 |
54.50 |
55.00 |
- |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.00 |
46.00 |
46.00 |
50.35 |
- |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.30 |
37.15 |
37.00 |
38.15 |
- |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.30 |
26.25 |
26.15 |
26.30 |
- |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.75 |
20.75 |
20.90 |
21.00 |
- |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
80.75 |
80.50 |
80.00 |
80.75 |
- |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
79.75 |
79.50 |
79.00 |
79.75 |
- |
|
Semi Soft |
|
65.60 |
65.50 |
64.25 |
61.50 |
- |
|
Met Coke (CFR India) |
CSR 62 |
119.50 |
119.50 |
118.00 |
142.00 |
- |
Freight Rate
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
March 21, 2016 |
March 18, 2016 |
March 14, 2016 |
September 22, 2015 |
March 22, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
6.10 |
6.10 |
6.10 |
8.50 |
- |
|
South Africa (RBCT) to India (East Coast) |
6.30 |
6.30 |
6.30 |
8.60 |
- |
|
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
5.00 |
6.60 |
- |
|
Indonesia (Kalimantan) to India (East Coast) |
4.20 |
4.20 |
4.30 |
5.60 |
- |
|
Australia to India |
6.70 |
6.75 |
7.50 |
10.00 |
- |
Source: Traders and ICMW database