International coal prices move sideways
31 Dec 2013
December 31: Coal prices moved sideways in international markets in absence of bids and offers, industry sources said.
"The market would regain activity only after the first week of January 2014 as by then industry players would be back from their holidays. But, till then, the current trend would continue," they added.
Following are the indicative prices of coal in various markets and indicative freight rates on December 30:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 30, 2013 |
Price/ton (in $ and FOB) as on Dec 27, 2013 |
Week Ago Price/ton (in $ and FOB) Dec 23, 2013 |
6-month ago Price/ton (in $ and FOB) Jul 01, 2013 |
Year Ago Price/ton (in $ and FOB) Jan 01, 2013 |
South African Steam Coal |
6000 Kcal/kg NAR |
85.00 |
85.25 |
85.50 |
73.10 |
88.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.60 |
68.75 |
68.75 |
67.50 |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
86.00 |
86.25 |
87.50 |
79.00 |
93.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.30 |
70.40 |
70.40 |
71.75 |
71.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
57.70 |
57.80 |
57.50 |
60.25 |
56.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.25 |
38.30 |
38.40 |
43.40 |
38.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.20 |
32.25 |
32.25 |
36.90 |
33.40 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
133.00 |
133.50 |
136.00 |
131.00 |
160.20 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
131.50 |
131.50 |
134.00 |
129.50 |
159.70 |
Semi Soft |
|
92.00 |
92.00 |
93.00 |
93.00 |
117.00 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
272.00 |
255.00 |
291.00 |
Freight Rate:
Destination |
As on Dec 30, 2013 (in $/ton) |
As on Dec 27, 2013 (in $/ton) |
Week Ago Dec 23, 2013 (in $/ton) |
6-month Ago Jul 01, 2013 (in $/ton) |
Year Ago Jan 01, 2013 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.40 |
17.50 |
17.50 |
15.00 |
13.40 |
South Africa (RBCT) to India (East Coast) |
17.70 |
17.80 |
18.00 |
15.30 |
14.30 |
Indonesia (Kalimantan) to India (West Coast) |
11.80 |
11.90 |
12.00 |
10.00 |
9.00 |
Indonesia (Kalimantan) to India (East Coast) |
10.30 |
10.40 |
10.50 |
8.50 |
7.90 |
Australia to India |
19.00 |
19.00 |
19.00 |
15.00 |
NA |
Source: ICMW (Traders)