International coal prices move in narrow range
09 Oct 2013
October 9: International coal prices remained almost flat, with a few varieties showing a slight variation. Among them, standard South African 6,000 Kcal/kg NAR coal prices softened by 10 cents, while Australian steam coal of 6,300 Kcal/kg GAR eased by 10 cents, traders told ICMW.
Indonesian coal prices remained flat on lack of Chinese enquiries, sources added.
Following are the indicative prices of coal in various markets and indicative freight rates on October 08:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) as on Oct 8, 2013 |
Price/ton (in $ and FOB) as on Oct 7, 2013 |
Week Ago Price/ton (in $ and FOB) Oct 02, 2013 |
6-month ago Price/ton (in $ and FOB) Apr 08, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 09, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
77.15 |
77.25 |
76.25 |
82.00 |
86.30 |
South African Steam Coal |
5500 Kcal/kg NAR |
59.70 |
59.80 |
60.00 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
78.75 |
78.85 |
78.75 |
91.70 |
83.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.75 |
67.75 |
67.75 |
74.50 |
72.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.40 |
54.40 |
55.00 |
59.00 |
56.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.75 |
38.75 |
42.00 |
NA |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.50 |
33.50 |
33.50 |
35.50 |
NA |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
150.25 |
150.00 |
149.00 |
151.50 |
143.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
148.00 |
148.00 |
147.00 |
150.50 |
143.50 |
Semi Soft |
|
|
|
95.00 |
111.00 |
97.00 |
Met Coke (CFR India) |
|
|
|
266.00 |
290.00 |
319.00 |
Freight Rate:
Destination
|
As on Oct 08, 2013 (in $/ton) |
As on Oct 07, 2013 (in $/ton) |
Week Ago Oct 02, 2013 (in $/ton) |
6-month Ago Apr 08, 2013 (in $/ton) |
Year Ago Oct 09, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
18.50 |
18.50 |
17.70 |
15.60 |
13.50 |
South Africa (RBCT) to India (East Coast) |
19.20 |
19.20 |
18.40 |
16.60 |
14.50 |
Indonesia (Kalimantan) to India (West Coast) |
13.70 |
13.70 |
13.00 |
10.20 |
8.70 |
Indonesia (Kalimantan) to India (East Coast) |
12.45 |
12.45 |
11.75 |
9.10 |
7.90 |
Australia to India |
21.20 |
21.20 |
22.00 |
17.00 |
NA |
Source: ICMW (Traders)