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New UserIndonesian coal prices turn slightly soft in dull trend
24 Mar 2014
March 24: Prices of Indonesian steam coal remained slightly soft on March 21 amidst low interest from Chinese and Indian companies, industry sources said.
"Chinese enquiries continue to remain on the lower side while Indian companies appear to be in favour of South African cargo at present," a trader based out of Singapore said.
The market is likely to remain dull in the coming days, the trader added.
Following are the indicative prices of coal in various markets and indicative freight rates on March 21:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on March 21, 2014 |
As on March 20, 2014 |
Week ago March 14, 2014 |
6-month ago September 23, 2013 |
Year ago March 22, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
75.50 |
75.50 |
76.20 |
73.30 |
80.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
65.15 |
65.25 |
62.70 |
62.00 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
72.75 |
72.75 |
73.80 |
77.40 |
93.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.00 |
69.00 |
70.00 |
68.30 |
75.60 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.00 |
55.25 |
55.60 |
55.80 |
60.40 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.00 |
37.10 |
37.50 |
39.40 |
41.80 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.10 |
32.00 |
32.15 |
33.70 |
35.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
108.00 |
107.00 |
107.00 |
154.00 |
157.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
107.00 |
106.00 |
106.75 |
152.00 |
156.00 |
|
Semi Soft |
78.00 |
76.75 |
81.75 |
98.50 |
112.50 |
|
|
Met Coke (CFR India) |
218.00 |
220.00 |
240.00 |
270.00 |
295.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on March 21, 2014 |
As on March 20, 2014 |
Week ago March 14, 2014 |
6-month ago September 23, 2013 |
Year ago March 22, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
17.00 |
17.00 |
17.50 |
16.50 |
16.20 |
|
South Africa (RBCT) to India (East Coast) |
17.40 |
17.40 |
17.90 |
17.25 |
17.20 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.00 |
11.00 |
11.00 |
12.25 |
10.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.75 |
9.75 |
10.00 |
10.80 |
9.80 |
|
Australia to India |
17.75 |
18.00 |
17.90 |
18.50 |
17.50 |
Source: Traders & ICMW data base