Indonesian coal demand flat in India, China
19 May 2014
May 19: The dull trend witnessed earlier continued into May 16 with major buyers still remaining less active in the market, sources said. The demand for Indonesian coal remained flat in India and China.
Market sources, however, indicated that Indian coal demand may firm up as the general elections are over and positive steps are expected from the new government.
Following are the indicative prices of coal in various markets and indicative freight rates on May 16:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 16, 2014 |
May 15, 2014 |
May 8, 2014 |
November 18, 2013 |
May 16, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.70 |
76.60 |
77.00 |
81.25 |
80.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
69.00 |
68.75 |
70.00 |
65.80 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.80 |
74.00 |
73.20 |
82.00 |
88.90 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.20 |
66.70 |
67.00 |
72.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.75 |
55.60 |
55.60 |
54.75 |
60.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.30 |
37.30 |
37.40 |
38.50 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.50 |
31.60 |
31.80 |
32.50 |
36.90 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.50 |
114.50 |
113.50 |
143.00 |
142.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.50 |
113.50 |
112.50 |
141.00 |
141.00 |
Semi Soft |
|
82.00 |
82.25 |
80.75 |
94.50 |
102.00 |
Met Coke (CFR India) |
|
220.00 |
220.00 |
220.00 |
275.00 |
270.00 |
Freight Rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 16, 2014 |
May 15, 2014 |
May 8, 2014 |
November 18, 2013 |
May 16, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.90 |
14.40 |
14.60 |
16.00 |
14.50 |
South Africa (RBCT) to India (East Coast) |
15.50 |
15.00 |
15.40 |
16.50 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
10.00 |
9.80 |
9.50 |
11.70 |
8.60 |
Indonesia (Kalimantan) to India (East Coast) |
9.00 |
8.80 |
8.50 |
10.25 |
7.60 |
Australia to India |
15.75 |
15.50 |
16.25 |
17.00 |
15.50 |