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 turn weak on low demand
20 Mar 2014
March 20: Spot coal prices turned sharply down on extremely low enquiries and sufficient availability on March 19, industry sources said.
A kind of stable trend prevailed during the past few sessions, but continued lack of enquiries prompted miners and traders to come out with lower offers, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on March 19:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on March 19, 2014 |
As on March 18, 2014 |
Week ago March 12, 2014 |
6-month ago September 20, 2013 |
Year ago March 20, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
75.80 |
76.60 |
75.50 |
72.75 |
81.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
65.00 |
62.40 |
62.25 |
62.30 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
74.00 |
72.75 |
77.20 |
93.25 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.00 |
69.30 |
69.70 |
68.30 |
76.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.25 |
55.50 |
55.60 |
55.80 |
60.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.10 |
37.25 |
37.60 |
39.40 |
41.75 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.00 |
32.00 |
32.40 |
33.70 |
35.70 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
107.00 |
107.00 |
110.00 |
154.60 |
158.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
106.00 |
106.00 |
108.50 |
152.60 |
157.00 |
|
Semi Soft |
77.00 |
81.00 |
81.70 |
98.75 |
114.00 |
|
|
Met Coke (CFR India) |
236.00 |
240.00 |
240.00 |
270.00 |
295.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on March 19, 2014 |
As on March 18, 2014 |
Week ago March 12, 2014 |
6-month ago September 20, 2013 |
Year ago March 20, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
17.10 |
17.50 |
17.50 |
16.50 |
15.95 |
|
South Africa (RBCT) to India (East Coast) |
17.60 |
18.00 |
17.90 |
17.25 |
16.95 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.25 |
11.00 |
11.20 |
12.25 |
10.70 |
|
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
10.00 |
10.20 |
10.80 |
9.25 |
|
Australia to India |
18.25 |
18.00 |
18.00 |
18.50 |
16.00 |
Source: Traders & ICMW data base