Indonesian coal prices firm up marginally
10 Feb 2014
February 10: Lower grade Indonesian coal prices firmed up slightly in the spot markets on February 7 on the back of increased Indian enquiries, industry source said.
South African prices eased slightly on improvement in power situation at the RBCT whereas Australian prices continued to remain soft in the absence of major Chinese enquiries, they added.
Chinese interest has not yet picked up after their New Year holidays, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 7:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Feb 07, 2014 |
Price/ton (in $ and FOB) as on Feb 06, 2014 |
Week Ago Price/ton (in $ and FOB) Jan 31, 2014 |
6-month ago Price/ton (in $ and FOB) Aug 08, 2013 |
Year Ago Price/ton (in $ and FOB) Feb 08, 2013 |
South African Steam Coal |
6000 Kcal/kg NAR |
83.25 |
83.50 |
80.75 |
71.60 |
83.70 |
South African Steam Coal |
5500 Kcal/kg NAR |
66.50 |
66.25 |
66.25 |
64.80 |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
75.80 |
76.20 |
80.90 |
78.40 |
98.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.25 |
70.25 |
71.20 |
69.00 |
75.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.80 |
56.70 |
57.35 |
57.40 |
59.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.60 |
38.00 |
42.25 |
40.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.90 |
31.75 |
31.60 |
36.40 |
34.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
127.00 |
127.50 |
126.00 |
136.70 |
173.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
126.00 |
126.00 |
125.00 |
134.60 |
173.00 |
Semi Soft |
88.25 |
88.90 |
87.75 |
95.60 |
125.50 |
|
Met Coke (CFR India) |
257.00 |
257.00 |
265.00 |
245.00 |
300.00 |
Freight Rate:
Destination |
As on Feb 07, 2014 (in $/ton) |
As on Feb 06, 2014 (in $/ton) |
Week Ago Jan 31, 2014 (in $/ton) |
6-month Ago Aug 08, 2013 (in $/ton) |
Year Ago Feb 08, 2013 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
15.50 |
15.50 |
16.20 |
15.40 |
14.00 |
South Africa (RBCT) to India (East Coast) |
15.80 |
15.80 |
16.50 |
15.85 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
9.20 |
8.75 |
9.50 |
9.70 |
7.80 |
Indonesia (Kalimantan) to India (East Coast) |
8.30 |
7.90 |
8.50 |
8.40 |
7.10 |
Australia to India |
15.75 |
15.75 |
16.75 |
16.00 |
NA |
Source: ICMW (Traders)