Little change in coal prices in international markets
03 Feb 2016
Spot prices in international markets showed little change on February 2 amidst limited buying interest, sources said.
There had been reports of Chinese companies making fresh purchases, but its impact on prices is yet to be seen, they added.
Following are the indicative prices of coal in various markets and indicative freight rates
(Panamax vessels) on February 2:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
February 2, 2016 |
February 1, 2016 |
January 26, 2016 |
August 3, 2015 |
February 3, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
50.50 |
NA |
50.30 |
55.10 |
61.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
39.25 |
NA |
39.10 |
46.10 |
53.80 |
Australian Steam Coal |
6300 Kcal/kg GAR |
48.75 |
NA |
48.80 |
59.40 |
63.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.00 |
NA |
46.50 |
52.60 |
58.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
38.45 |
NA |
37.80 |
40.50 |
46.70 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.25 |
NA |
26.00 |
28.60 |
34.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.25 |
NA |
20.00 |
23.60 |
28.05 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
NA |
75.50 |
86.00 |
107.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.00 |
NA |
74.50 |
85.00 |
106.00 |
Semi Soft |
|
62.00 |
NA |
61.75 |
65.00 |
80.00 |
Met Coke (CFR India) |
|
118.00 |
NA |
117.00 |
149.00 |
190.00 |
Freight Rates
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
February 2, 2016 |
February 1, 2016 |
January 26, 2016 |
August 3, 2015 |
February 3, 2015 |
|
South Africa (RBCT) to India (West Coast) |
5.50 |
NA |
5.75 |
10.25 |
8..90 |
South Africa (RBCT) to India (East Coast) |
5.75 |
NA |
6.00 |
10.50 |
9.25 |
Indonesia (Kalimantan) to India (West Coast) |
3.90 |
NA |
4.00 |
7.00 |
6.50 |
Indonesia (Kalimantan) to India (East Coast) |
3.00 |
NA |
3.15 |
5.90 |
5.10 |
Australia to India |
6.00 |
NA |
6.25 |
10.25 |
8.80 |
Sources: Traders and ICMW database