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Coal news and updates

International coal prices largely unchanged

09 Sep 2013

September 9: International coal prices remained largely firm on September 6 on continued lack of major demand, industry sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on September 6:

Description of Coal

Specification

Price/ton (in $ and FOB) as on Sep 06, 2013

Price/ton (in $ and FOB) as on Sep 05, 2013

Week Ago Price/ton (in $ and FOB) Aug 30, 2013

6-month ago Price/ton (in $ and FOB) Mar 07, 2013

Year Ago Price/ton (in $ and FOB) Sep 07, 2012

South African Steam Coal

6000 Kcal/kg NAR

71.00

71.00

71.40

83.50

86.00

South African Steam Coal

5500 Kcal/kg NAR

62.25

62.25

62.25

NA

NA

Australian Steam Coal

6300 Kcal/kg GAR

74.75

74.50

76.25

92.25

90.00

Indonesian Steam Coal

5900 Kcal/kg GAR

68.60

68.60

68.80

76.20

71.00

Indonesian Steam Coal

5000 Kcal/kg GAR

56.50

56.50

56.75

60.40

55.50

Indonesian Steam Coal

4200 Kcal/kg GAR

40.00

40.00

40.80

41.60

38.40

Indonesian Steam Coal

3800 Kcal/kg GAR

34.20

34.30

35.25

35.20

33.20

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

152.50

151.00

150.00

164.00

155.00

Premium Low Vol

VM-21.5%, Ash-9.3%

150.50

149.00

148.50

164.50

156.00

Semi Soft

 

99.00

99.00

102.00

116.00

 96.00

Met Coke (CFR India)

 

260.00

260.00

260.00

301.00

327.00


Freight Rate:


Destination

As on Sep 06, 2013 (in $/ton)

As on Sep 05, 2013 (in $/ton)

Week Ago Aug 30, 2013 (in $/ton)

6-month Ago Mar 07, 2013 (in $/ton)

Year Ago Sep 07, 2012 (in $/ton)

South Africa (RBCT) to India (West Coast)

15.00

15.00

14.70

15.40

14.30

South Africa (RBCT) to India (East Coast)

15.50

15.50

15.25

16.40

15.90

Indonesia (Kalimantan) to India (West Coast)

 10.50

 10.50

10.10

 10.40

8.80

Indonesia (Kalimantan) to India (East Coast)

 9.25

 9.25

8.90

  9.40

7.80

Australia to India

17.00

17.00

16.50

16.00

NA


Source: ICMW (Traders)