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Coal news and updates

International spot coal prices largely stable

07 Mar 2014

March 7: Spot prices of steam coal remained largely stable on March 5 on restricted enquiries, industry sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on March 6:

Description of Coal

Specification

Price/ton (in $ and FOB) as on Mar 06, 2014

Price/ton (in $ and FOB) as on Mar 05, 2014

Week Ago Price/ton (in $ and FOB) Feb 27, 2014

6-month ago Price/ton (in $ and FOB) Sep 06, 2013

Year Ago Price/ton (in $ and FOB) Mar 07, 2013

South African Steam Coal

6000 Kcal/kg NAR

75.80

76.00

74.50

71.00

83.50

South African Steam Coal

 5500 Kcal/kg NAR

62.70

62.70

62.80

62.25

NA

Australian Steam Coal

6300 Kcal/kg GAR

75.50

75.50

77.25

74.75

92.25

Indonesian Steam Coal

5900 Kcal/kg GAR

69.70

69.75

69.80

68.60

76.20

Indonesian Steam Coal

5000 Kcal/kg GAR

56.25

56.25

56.40

56.50

60.40

Indonesian Steam Coal

4200 Kcal/kg GAR

38.20

38.20

38.25

40.00

41.60

Indonesian Steam Coal

3800 Kcal/kg GAR

32.25

32.25

32.00

34.20

35.20

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

120.00

120.00

121.50

152.50

164.50

Premium Low Vol

VM-21.5%, Ash-9.3%

118.00

118.00

120.00

150.50

164.00

Semi Soft

 

84.00

84.00

84.00

 99.00

116.00

Met Coke (CFR India)

 

246.00

246.00

250.00

260.00

301.00

Freight Rate:

Destination

As on Mar 06, 2014 (in $/ton)

As on Mar 05, 2014 (in $/ton)

Week Ago Feb 27, 2014 (in $/ton)

6-month Ago Sep 06, 2013 (in $/ton)

Year Ago Mar 07, 2013 (in $/ton)

South Africa (RBCT) to India (West Coast)

16.25

16.25

16.70

15.00

15.40

South Africa (RBCT) to India (East Coast)

16.75

16.75

17.25

15.50

16.40

Indonesia (Kalimantan) to India (West Coast)

10.75

10.75

11.00

10.50

10.40

Indonesia (Kalimantan) to India (East Coast)

 9.25

9.25

9.80

9.25

9.40

Australia to India

17.25

17.25

17.75

17.00

16.50

Source: Traders & ICMW data base