International coal prices largely stable
04 Dec 2013
December 4: The spot price of steam coal in major markets remained firm, but standard South African prices turned weak in the absence of demand on December 3, industry sources said.
However, the prices of 5,500 Kcal/kg material continued to be firm on reports that there is no excess availability at present in the market, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on December 3:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 03, 2013 |
Price/ton (in $ and FOB) as on Dec 02, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 26, 2013 |
6-month ago Price/ton (in $ and FOB) Jun 04, 2013 |
Year Ago Price/ton (in $ and FOB) Dec 04, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
81.75 |
82.25 |
83.50 |
82.20 |
91.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.20 |
67.20 |
66.50 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
83.20 |
83.00 |
82.40 |
87.40 |
94.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.70 |
68.50 |
68.20 |
73.70 |
71.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.20 |
56.00 |
55.70 |
60.50 |
55.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.40 |
38.75 |
42.90 |
38.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.50 |
32.50 |
32.50 |
36.50 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
136.50 |
136.50 |
139.50 |
137.40 |
161.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
134.50 |
134.50 |
137.50 |
136.30 |
160.50 |
Semi Soft |
|
94.00 |
94.00 |
98.00 |
97.70 |
110.00 |
Met Coke (CFR India) |
|
274.00 |
274.00 |
274.00 |
265.00 |
292.00 |
Freight Rate:
Destination |
As on Dec 03, 2013 (in $/ton) |
As on Dec 02, 2013 (in $/ton) |
Week Ago Nov 26, 2013 (in $/ton) |
6-month Ago Jun 04, 2013 (in $/ton) |
Year Ago Dec 04, 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 |
12.00 |
11.60 |
8.50 |
10.40 |
Indonesia (Kalimantan) to India (East Coast) |
10.50 |
10.40 |
10.00 |
7.50 |
9.40 |
Australia to India |
18.00 |
18.00 |
17.50 |
15.50 |
NA |
Source: ICMW (Traders)