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 soften on lack of demand
19 Aug 2014
August 19: Spot prices of coal in international markets softened on August 18 on lack of demand from major buyers, sources said.
A tendency among Indonesian miners - to reduce their stocks as much as possible before the introduction of a new export license rule -- weighed heavily on prices, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on August 18:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
August 18, 2014 |
August 15, 2014 |
August 11, 2014 |
February 19, 2014 |
August 19, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
71.50 |
72.50 |
72.40 |
78.60 |
74.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.00 |
62.70 |
63.00 |
64.00 |
65.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
68.25 |
68.70 |
69.10 |
77.10 |
78.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
63.60 |
63.80 |
70.15 |
69.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
50.00 |
50.00 |
56.60 |
57.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.10 |
36.25 |
36.40 |
38.20 |
41.35 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.80 |
29.80 |
29.80 |
31.70 |
35.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.00 |
113.00 |
114.00 |
124.40 |
145.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
111.50 |
112.50 |
123.00 |
143.50 |
|
Semi Soft |
73.25 |
74.25 |
74.25 |
87.00 |
97.00 |
|
|
Met Coke (CFR India) |
193.00 |
193.00 |
193.00 |
256.00 |
253.00 |
|
Freight rate:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
August 18, 2014 |
August 15, 2014 |
August 11, 2014 |
February 19, 2014 |
August 19, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
16.50 |
16.25 |
16.00 |
16.45 |
14.50 |
|
South Africa (RBCT) to India (East Coast) |
17.00 |
16.75 |
16.25 |
16.75 |
15.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.25 |
10.00 |
9.50 |
10.50 |
9.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.20 |
8.75 |
8.20 |
9.50 |
8.25 |
|
Australia to India |
15.00 |
14.25 |
13.60 |
17.50 |
16.00 |
Source: Traders & ICMW data base