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 UserGlobal coal prices ease on buying restraint
22 Dec 2014
December 22: Spot prices of seaborne thermal coal eased slightly in international markets on December 19 as buyers and traders exercised restraint, being unclear about the supply scenario emerging over the coming weeks.
Australian thermal coal prices moved up marginally on supply concerns. However, the prolonged slackness in European demand continued to be a drag on the market. Reports said the coal sector is likely to witness a steady 2.1% growth over the next five years, buoying sentiment.
Following are the indicative prices of coal in various markets and indicative freight rates on December 19:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
December 19, 2014 |
December 18, 2014 |
December 12, 2014 |
June 22, 2014 |
December 19, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
66.10 |
66.20 |
66.80 |
- |
86.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
56.70 |
56.75 |
57.50 |
- |
69.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
64.70 |
64.60 |
63.50 |
- |
85.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.80 |
59.80 |
59.90 |
- |
69.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.20 |
48.30 |
48.40 |
- |
57.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
35.50 |
35.50 |
35.80 |
- |
38.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
28.60 |
28.60 |
28.75 |
- |
33.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.25 |
111.50 |
113.00 |
- |
136.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.25 |
110.25 |
111.50 |
- |
134.00 |
|
Semi Soft |
79.00 |
79.00 |
78.50 |
- |
92.50 |
|
|
Met Coke (CFR India) |
200.00 |
200.00 |
202.50 |
- |
272.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
December 19, 2014 |
December 18, 2014 |
December 12, 2014 |
June 22, 2014 |
December 19, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
12.60 |
12.65 |
12.75 |
- |
18.00 |
|
South Africa (RBCT) to India (East Coast) |
13.20 |
13.30 |
13.60 |
- |
18.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
8.40 |
8.40 |
9.00 |
- |
12.80 |
|
Indonesia (Kalimantan) to India (East Coast) |
7.50 |
7.50 |
8.00 |
- |
11.20 |
|
Australia to India |
11.75 |
11.75 |
13.30 |
- |
19.00 |
Source: Traders and ICMW database