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 soften further
04 Aug 2014
August 4: Spot coal prices in the international markets softened further on lack of fresh interest and increased offering from traders, market sources said.
A few players had curtailed supplies in the past few days in anticipation that trouble in Ukraine would lead to supply constraints in Europe, thereby causing a spurt in prices, but that did not happen and now they are being forced to soften their offers, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on August 1:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
August 1, 2014 |
July 31, 2014 |
July 25, 2014 |
February 3, 2014 |
August 2, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
70.50 |
70.75 |
71.75 |
80.00 |
71.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
62.70 |
63.30 |
65.50 |
64.90 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
68.00 |
67.50 |
67.50 |
78.50 |
78.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
64.50 |
64.50 |
64.75 |
70.25 |
69.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
49.80 |
49.80 |
50.00 |
56.75 |
57.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.20 |
36.00 |
36.10 |
38.20 |
42.25 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.15 |
30.15 |
31.60 |
36.40 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.50 |
112.50 |
112.50 |
126.00 |
136.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.00 |
111.25 |
125.00 |
134.00 |
|
Semi Soft |
73.00 |
72.75 |
73.00 |
88.25 |
95.00 |
|
|
Met Coke (CFR India) |
200.00 |
205.00 |
204.00 |
260.00 |
245.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
August 1, 2014 |
July 31, 2014 |
July 25, 2014 |
February 3, 2014 |
August 2, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
16.25 |
16.00 |
15.50 |
15.75 |
15.25 |
|
South Africa (RBCT) to India (East Coast) |
16.50 |
16.25 |
16.50 |
16.00 |
15.75 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.70 |
9.50 |
9.00 |
9.80 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.40 |
8.40 |
8.00 |
8.00 |
8.50 |
|
Australia to India |
13.75 |
14.00 |
14.50 |
16.00 |
16.00 |
Source: Traders & ICMW data base