International coal prices largely stable
06 May 2014
May 6: The spot prices of steam coal in international markets remained largely stable on May 5 in absence of major bids and offers, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on May 5:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 5, 2014 |
May 2, 2014 |
April 28, 2014 |
November 5, 2013 |
May 6, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.25 |
77.40 |
77.30 |
82.25 |
81.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
70.00 |
70.10 |
70.60 |
65.75 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.15 |
73.50 |
83.00 |
88.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.75 |
66.80 |
66.60 |
66.75 |
71.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.40 |
55.00 |
53.90 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.20 |
37.20 |
36.90 |
38.50 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.25 |
32.70 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
113.50 |
113.00 |
147.00 |
146.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.50 |
112.25 |
112.00 |
145.00 |
145.25 |
Semi Soft |
80.50 |
80.50 |
80.80 |
96.00 |
103.00 |
|
Met Coke (CFR India) |
218.00 |
218.00 |
215.00 |
274.00 |
272.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 5, 2014 |
May 2, 2014 |
April 28, 2014 |
November 5, 2013 |
May 6, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.70 |
14.60 |
14.50 |
16.50 |
15.00 |
South Africa (RBCT) to India (East Coast) |
15.50 |
15.40 |
15.20 |
17.00 |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.60 |
9.50 |
11.75 |
9.75 |
Indonesia (Kalimantan) to India (East Coast) |
8.70 |
8.60 |
8.50 |
10.30 |
8.25 |
Australia to India |
16.50 |
16.50 |
16.20 |
17.50 |
17.00 |
Source: Traders & ICMW data base