APMDC Suliyari Coal Upcoming MP MSME auction 1,00,000 MT @SBP INR 2516/- Per MT on 1st July 2024
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New UserInternational steam coal prices slightly up
24 Sep 2013
September 24: Spot steam coal prices showed marginal increase on renewed Chinese buying interest, market sources said.
Prices of South African coal (6,000 NAR) firmed up slightly on expectations that Indian buying may get a boost before the festive season in October. Also, Australian steam coal (6,300 GAR) prices made gains on higher Chinese demand, sources said. There were, however, little movement in Indonesian coal prices, which are expected to remain flat for some time now.
There was slight firmness in the spot coking coal market, primarily on the China factor.
Following are the indicative prices of coal in various markets and indicative freight rates on September 23:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 23, 2013 |
Price/ton (in $ and FOB) as on Sep 20, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 16, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 22, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 24, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
73.30 |
72.75 |
71.50 |
80.50 |
84.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.00 |
62.30 |
62.90 |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
77.40 |
77.20 |
76.80 |
93.50 |
85.15 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.30 |
68.30 |
68.40 |
75.60 |
72.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.80 |
55.80 |
56.00 |
60.40 |
57.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.40 |
39.40 |
39.65 |
41.80 |
39.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.70 |
33.70 |
33.80 |
35.60 |
34.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
154.00 |
154.60 |
153.00 |
157.50 |
140.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
152.00 |
152.60 |
151.00 |
156.00 |
140.00 |
|
Semi Soft |
98.50 |
98.75 |
98.00 |
112.50 |
95.00 |
|
|
Met Coke (CFR India) |
270.00 |
270.00 |
268.00 |
295.00 |
317.00 |
Freight Rate:
|
Destination |
As on Sep 23, 2013 (in $/ton) |
As on Sep 20, 2013 (in $/ton) |
Week Ago Sep 16, 2013 (in $/ton) |
6-month Ago Mar 22, 2013 (in $/ton) |
Year Ago Sep 24, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
16.50 |
16.50 |
16.00 |
16.20 |
13.30 |
|
South Africa (RBCT) to India (East Coast) |
17.25 |
17.25 |
16.50 |
17.20 |
14.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
12.25 |
12.25 |
11.50 |
10.90 |
8.40 |
|
Indonesia (Kalimantan) to India (East Coast) |
10.80 |
10.80 |
10.25 |
9.80 |
7.70 |
|
Australia to India |
18.50 |
18.50 |
NA |
17.50 |
NA |
Source: ICMW (Traders)