APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserInternational coal prices slightly down
24 Feb 2014
February 24: There was a slight downward movement in spot coal prices in the international markets on February 21 as demand remained slack and buyers did not commit themselves to fresh procurement, trading sources said.
Prices eased at Richards Bay Coal Terminal marginally over the previous closing, while the Newcastle spot prices were slightly improved. Sources said, prices may see modest gains once Chinese buyers return to the market, starting March.
Following are the indicative prices of coal in various markets and indicative freight rates on February 21:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Feb 21, 2014 |
Price/ton (in $ and FOB) as on Feb 20, 2014 |
Week Ago Price/ton (in $ and FOB) Feb 14, 2014 |
6-month ago Price/ton (in $ and FOB) Aug 21, 2013 |
Year Ago Price/ton (in $ and FOB) Feb 21, 2013 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
78.00 |
78.50 |
79.55 |
74.00 |
85.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
63.50 |
63.90 |
65.50 |
64.50 |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
78.00 |
77.15 |
74.50 |
77.75 |
96.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.00 |
70.10 |
70.20 |
69.00 |
75.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.75 |
56.60 |
56.75 |
57.00 |
59.70 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.00 |
38.20 |
38.50 |
41.35 |
41.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.00 |
31.70 |
31.70 |
35.60 |
35.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
125.00 |
124.20 |
124.40 |
146.00 |
172.75 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
123.00 |
123.00 |
123.50 |
144.50 |
172.50 |
|
Semi Soft |
|
87.00 |
87.00 |
87.25 |
97.00 |
121.50 |
|
Met Coke (CFR India) |
|
253.00 |
256.00 |
257.00 |
253.00 |
296 |
Freight Rate:
|
Destination |
As on Feb 21, 2014 (in $/ton) |
As on Feb 20, 2014 (in $/ton) |
Week Ago Feb 14, 2014 (in $/ton) |
6-month Ago Aug 21, 2013 (in $/ton) |
Year Ago Feb 21, 2013 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
16.50 |
16.50 |
16.10 |
14.25 |
14.30 |
|
South Africa (RBCT) to India (East Coast) |
17.00 |
16.85 |
16.60 |
14.75 |
15.30 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.80 |
10.55 |
9.90 |
9.25 |
8.40 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.60 |
9.60 |
9.20 |
8.00 |
7.40 |
|
Australia to India |
17.75 |
17.50 |
17.50 |
16.00 |
15.50 |
Source: Traders & ICMW data base