Global steam coal prices move up marginally
05 May 2014
May 5: Spot steam coal prices moved up marginally in the international markets on May 2, market sources said.
There was slight movement in South African and Australian coal prices, while the rates for the Indonesian variety remained flat.
There was also an upward trend seen in international freight rates.
Following are the indicative prices of coal in various markets and indicative freight rates on May 2:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 2, |
April 30, |
April 24, |
November 1, |
May 3, |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.40 |
77.30 |
78.00 |
83.00 |
81.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
70.10 |
70.00 |
69.80 |
64.25 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.15 |
73.00 |
73.25 |
83.60 |
88.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.80 |
66.80 |
66.75 |
66.50 |
71.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.40 |
55.40 |
54.80 |
53.90 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.20 |
37.20 |
36.90 |
38.50 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.25 |
32.75 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
113.50 |
113.00 |
147.00 |
146.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.25 |
112.25 |
112.00 |
145.00 |
145.25 |
Semi Soft |
80.50 |
80.50 |
81.50 |
97.00 |
103.00 |
|
Met Coke (CFR India) |
218.00 |
218.00 |
215.00 |
272.00 |
272.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 2, |
April 30, |
April 24, |
November 1, |
May 3, |
|
South Africa (RBCT) to India (West Coast) |
14.60 |
14.50 |
14.20 |
16.75 |
15.00 |
South Africa (RBCT) to India (East Coast) |
15.40 |
15.25 |
14.90 |
17.25 |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
9.60 |
9.50 |
9.25 |
12.00 |
9.75 |
Indonesia (Kalimantan) to India (East Coast) |
8.60 |
8.50 |
8.25 |
10.50 |
8.25 |
Australia to India |
16.25 |
16.25 |
15.20 |
17.00 |
17.00 |
Source: Traders & ICMW data base