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
Registered User
New UserFurther softness seen in South African coal prices
25 Nov 2015
India Coal Market Watch
November 24: Spot prices of South African coal softened further on November 23 despite indications of reduced availability of washed coal following a drought in some parts of the country, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on November 23:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
November 23, 2015 |
November 20, 2015 |
November 16, 2015 |
May 24, 2015 |
November 24, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
57.70 |
57.90 |
56.00 |
- |
66.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
41.00 |
41.00 |
41.00 |
- |
58.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
52.25 |
52.20 |
50.40 |
- |
64.20 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.90 |
- |
60.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.00 |
37.00 |
36.90 |
- |
48.60 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.40 |
26.40 |
26.20 |
- |
36.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.80 |
19.80 |
19.80 |
- |
29.10 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.70 |
73.70 |
73.50 |
- |
112.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
73.00 |
73.00 |
73.00 |
- |
111.00 |
|
Semi Soft |
|
61.25 |
61.25 |
60.75 |
- |
77.00 |
|
Met Coke (CFR India) |
|
127.00 |
127.00 |
128.00 |
- |
197.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
November 23, 2015 |
November 20, 2015 |
November 16, 2015 |
May 24, 2015 |
November 24, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
6.40 |
6.40 |
6.60 |
- |
14.75 |
|
South Africa (RBCT) to India (East Coast) |
6.50 |
6.50 |
6.70 |
- |
15.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
5.15 |
- |
10.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
3.90 |
3.90 |
4.10 |
- |
9.00 |
|
Australia to India |
720.00 |
7.20 |
7.10 |
- |
15.50 |
Source: Traders and ICMW database