Largely stable trend in international coal markets
19 May 2016
Largely stable trend prevailed in international coal markets on May 18 with little change in prices, market sources said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on May 18:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 18, 2016 |
May 17, 2016 |
May 11, 2016 |
November 19, 2015 |
May 19, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
53.40 |
53.60 |
53.30 |
58.25 |
63.30 |
South African Steam Coal |
5500 Kcal/kg NAR |
42.50 |
42.50 |
42.60 |
41.20 |
53.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
50.90 |
50.90 |
50.65 |
52.00 |
62.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.10 |
46.00 |
45.25 |
47.90 |
55.10 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
38.00 |
38.00 |
37.40 |
36.90 |
44.10 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
27.10 |
27.00 |
26.60 |
26.40 |
31.60 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
21.60 |
21.60 |
21.50 |
19.80 |
25.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
95.50 |
95.50 |
102.00 |
73.50 |
83.25 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
94.50 |
94.50 |
101.00 |
72.80 |
82.25 |
Semi Soft |
|
67.00 |
67.00 |
68.40 |
60.90 |
65.50 |
Met Coke (CFR India) |
CSR 62 |
180.00 |
180.00 |
163.00 |
127.00 |
160.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 18, 2016 |
May 17, 2016 |
May 11, 2016 |
November 19, 2015 |
May 19, 2015 |
|
South Africa (RBCT) to India (West Coast) |
6.85 |
6.85 |
7.25 |
6.50 |
9.00 |
South Africa (RBCT) to India (East Coast) |
6.90 |
6.90 |
7.10 |
6.60 |
8.90 |
Indonesia (Kalimantan) to India (West Coast) |
5.30 |
5.30 |
5.20 |
5.10 |
6.80 |
Indonesia (Kalimantan) to India (East Coast) |
4.50 |
4.50 |
4.40 |
4.10 |
5.60 |
Australia to India |
7.70 |
7.70 |
7.50 |
7.20 |
10.50 |
Source: Traders and ICMW database