International spot coal prices inch up
05 Jun 2014
June 5: Spot coal prices in international markets inched up even as major enquiries continued to elude the market, sources said.
Freight rates also moved up slightly, taking a cue from the firmness detected in the Baltic index, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on June 4:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 4, 2014 |
June 3, 2014 |
May 28, 2014 |
December 5, 2013 |
June 5, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.25 |
76.10 |
76.50 |
81.75 |
82.10 |
South African Steam Coal |
5500 Kcal/kg NAR |
67.20 |
67.00 |
67.40 |
68.80 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.20 |
73.00 |
74.00 |
84.25 |
87.20 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.10 |
67.20 |
68.75 |
73.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.40 |
55.60 |
56.50 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.30 |
37.30 |
37.40 |
38.75 |
42.90 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.50 |
31.40 |
31.40 |
32.75 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
113.50 |
113.00 |
136.00 |
137.40 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
134.00 |
136.30 |
Semi Soft |
76.40 |
76.40 |
79.50 |
92.50 |
97.70 |
|
Met Coke (CFR India) |
212.00 |
212.00 |
218.00 |
272.00 |
265.00 |
Freight Rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 4, 2014 |
June 3, 2014 |
May 28, 2014 |
December 5, 2013 |
June 5, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.70 |
13.50 |
13.80 |
16.85 |
14.10 |
South Africa (RBCT) to India (East Coast) |
14.40 |
14.20 |
14.60 |
17.30 |
14.35 |
Indonesia (Kalimantan) to India (West Coast) |
9.80 |
9.70 |
9.70 |
12.20 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
8.60 |
8.50 |
8.60 |
10.60 |
7.50 |
Australia to India |
15.75 |
15.50 |
15.60 |
18.50 |
15.50 |
Source: Traders & ICMW data base