International coal markets stay range-bound
07 Nov 2014
November 7: Spot coal prices in international markets remained range-bound on November 6 amidst limited activities, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on November 6:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
November 6, 2014 |
November 5, 2014 |
October 30, 2014 |
May 7, 2014 |
November 7, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
63.25 |
63.00 |
65.50 |
77.10 |
82.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
55.20 |
55.00 |
57.00 |
69.75 |
66.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
61.20 |
61.00 |
62.25 |
73.00 |
83.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
61.50 |
61.50 |
61.25 |
66.60 |
67.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.80 |
48.70 |
48.50 |
55.50 |
54.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.00 |
36.00 |
35.75 |
37.20 |
38.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.50 |
29.50 |
29.50 |
31.60 |
32.70 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
109.00 |
109.00 |
109.50 |
113.30 |
146.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
107.50 |
107.50 |
107.50 |
112.40 |
144.50 |
Semi Soft |
|
76.20 |
76.25 |
77.00 |
80.50 |
95.50 |
Met Coke (CFR India) |
|
197.00 |
197.00 |
197.00 |
218.00 |
274.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
November 6, 2014 |
November 5, 2014 |
October 30, 2014 |
May 7, 2014 |
November 7, 2013 |
|
South Africa (RBCT) to India (West Coast) |
16.70 |
16.70 |
16.25 |
14.70 |
16.50 |
South Africa (RBCT) to India (East Coast) |
17.00 |
17.00 |
16.80 |
15.50 |
17.00 |
Indonesia (Kalimantan) to India (West Coast) |
12.00 |
12.00 |
11.70 |
9.70 |
11.75 |
Indonesia (Kalimantan) to India (East Coast) |
10.50 |
10.50 |
10.20 |
8.70 |
10.30 |
Australia to India |
17.50 |
17.50 |
17.00 |
16.30 |
18.00 |
Source: Traders and ICMW database