Indonesian coal prices firm up
05 Dec 2013
December 5: Spot price of Indonesian and Australian steam coals firmed up on December 4 on expectations of higher enquiries, but South African standard material continued to remain soft, industry sources said.
However, 5,500 Kcal/kg material continued to firm on limited availability and comparatively higher enquiries, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on December 4:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 04, 2013 |
Price/ton (in $ and FOB) as on Dec 03, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 27, 2013 |
6-month ago Price/ton (in $ and FOB) Jun 05, 2013 |
Year Ago Price/ton (in $ and FOB) Dec 05, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
81.60 |
81.75 |
83.50 |
82.10 |
90.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.75 |
68.20 |
66.80 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
84.20 |
83.20 |
82.60 |
87.20 |
94.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.70 |
68.70 |
68.30 |
73.70 |
71.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.50 |
56.20 |
55.90 |
60.50 |
55.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.50 |
38.75 |
42.90 |
38.60 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.75 |
32.50 |
32.50 |
36.50 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
136.00 |
136.50 |
139.50 |
137.40 |
159.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
134.00 |
134.50 |
137.50 |
136.30 |
158.75 |
Semi Soft |
|
92.50 |
94.00 |
98.00 |
97.70 |
110.50 |
Met Coke (CFR India) |
|
272.00 |
274.00 |
274.00 |
265.00 |
292.00 |
Freight Rate:
Destination |
As on Dec 04, 2013 (in $/ton) |
As on Dec 03, 2013 (in $/ton) |
Week Ago Nov 27, 2013 (in $/ton) |
6-month Ago Jun 05, 2013 (in $/ton) |
Year Ago Dec 05, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.75 |
16.75 |
16.50 |
14.10 |
15.00 |
South Africa (RBCT) to India (East Coast) |
17.25 |
17.25 |
17.00 |
14.35 |
16.20 |
Indonesia (Kalimantan) to India (West Coast) |
12.10 |
12.10 |
11.75 |
8.50 |
10.20 |
Indonesia (Kalimantan) to India (East Coast) |
10.50 |
10.50 |
10.20 |
7.50 |
9.20 |
Australia to India |
18.50 |
18.00 |
17.50 |
15.50 |
NA |
Source: ICMW (Traders)