International coal prices largely unchanged
03 Jun 2014
June 3: International coal prices remained largely unchanged on low buying interest, market sources said.
The trend is likely to continue for another few days, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on June 2:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 2, 2014 |
May 30, 2014 |
May 26, 2014 |
December 3, 2013 |
June 3, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.15 |
76.25 |
77.20 |
81.75 |
82.30 |
South African Steam Coal |
5500 Kcal/kg NAR |
67.10 |
67.25 |
68.50 |
68.20 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.10 |
74.00 |
83.20 |
87.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.20 |
67.20 |
68.70 |
73.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.50 |
55.80 |
56.20 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.30 |
37.30 |
37.40 |
38.50 |
42.90 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.40 |
31.40 |
31.40 |
32.50 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
113.50 |
113.00 |
136.50 |
137.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
134.50 |
136.50 |
Semi Soft |
76.50 |
76.50 |
79.00 |
94.00 |
97.75 |
|
Met Coke (CFR India) |
212.00 |
212.00 |
220.00 |
274.00 |
265.00 |
Freight Rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 2, 2014 |
May 30, 2014 |
May 26, 2014 |
December 3, 2013 |
June 3, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.50 |
13.50 |
14.00 |
16.75 |
14.10 |
South Africa (RBCT) to India (East Coast) |
14.20 |
14.25 |
14.80 |
17.25 |
14.35 |
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.75 |
9.50 |
12.10 |
8.60 |
Indonesia (Kalimantan) to India (East Coast) |
8.50 |
8.50 |
8.75 |
10.50 |
7.60 |
Australia to India |
15.50 |
15.50 |
15.75 |
18.00 |
15.50 |
Source: Traders & ICMW data base