Global coal prices remain largely unchanged
19 Mar 2014
March 19: Spot coal prices remained largely unchanged in international markets on March 18 amidst restricted enquiries, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on March 18:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on March 18, 2014 |
As on March 17, 2014 |
Week ago March 11, 2014 |
6-month ago September 19, 2013 |
Year ago March 19, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.60 |
76.50 |
75.50 |
72.75 |
83.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.40 |
62.30 |
62.25 |
62.30 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
74.00 |
73.80 |
72.60 |
77.30 |
93.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.30 |
69.30 |
69.70 |
68.30 |
76.20 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.50 |
55.60 |
55.80 |
60.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.25 |
37.25 |
37.75 |
39.40 |
42.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.00 |
32.00 |
32.40 |
33.70 |
35.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
107.00 |
107.00 |
110.50 |
154.50 |
159.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
106.00 |
106.00 |
109.00 |
152.50 |
159.00 |
Semi Soft |
81.00 |
81.00 |
82.75 |
98.50 |
115.50 |
|
Met Coke (CFR India) |
240.00 |
240.00 |
240.00 |
270.00 |
296.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago March 11, 2014 |
6-month ago September 19, 2013 |
Year ago March 19, 2013 |
|
South Africa (RBCT) to India (West Coast) |
17.50 |
17.50 |
17.50 |
16.50 |
15.75 |
South Africa (RBCT) to India (East Coast) |
18.00 |
18.00 |
17.90 |
17.25 |
16.75 |
Indonesia (Kalimantan) to India (West Coast) |
11.00 |
11.00 |
11.20 |
12.20 |
10.75 |
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
10.00 |
10.20 |
10.75 |
9.30 |
Australia to India |
18.00 |
18.00 |
17.50 |
18.50 |
16.00 |
Source: Traders & ICMW data base