International coal prices remain static
30 May 2014
May 30: Spot international coal prices, on May 29, remained almost static though the rates of the Australian variety suffered a decline.
Also, prices of South African coal softened marginally on lack of buying interest, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on May 29:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 29, 2014 |
May 28, 2014 |
May 22, 2014 |
December 2, 2013 |
May 29, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.40 |
76.50 |
76.30 |
82.25 |
82.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
67.30 |
67.40 |
68.40 |
67.20 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
74.00 |
74.10 |
83.00 |
88.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.20 |
67.00 |
68.50 |
73.60 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.60 |
55.60 |
56.00 |
56.00 |
60.40 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.40 |
37.40 |
37.25 |
38.40 |
42.85 |
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% |
113.00 |
113.00 |
113.50 |
136.50 |
138.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.50 |
134.50 |
137.00 |
Semi Soft |
79.50 |
79.50 |
81.00 |
94.00 |
98.00 |
|
Met Coke (CFR India) |
218.00 |
218.00 |
220.00 |
274.00 |
266.00 |
Freight rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 29, 2014 |
May 28, 2014 |
May 22, 2014 |
December 2, 2013 |
May 29, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.55 |
13.80 |
14.00 |
16.75 |
14.00 |
South Africa (RBCT) to India (East Coast) |
14.35 |
14.60 |
15.00 |
17.25 |
14.25 |
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.70 |
9.30 |
12.00 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
8.60 |
8.60 |
8.60 |
10.40 |
7.50 |
Australia to India |
15.60 |
15.60 |
15.75 |
18.00 |
15.50 |