Little change in coal prices
24 Jun 2014
June 24: The spot coal prices remained almost unchanged on June 23 in absence of major interest, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on June 23:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 23, |
June 20, |
June 16, |
December 24, |
June 24, |
||
South African Steam Coal |
6000 Kcal/kg NAR |
74.50 |
74.50 |
74.25 |
85.25 |
74.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
64.70 |
64.80 |
65.75 |
68.75 |
68.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
69.25 |
70.00 |
72.00 |
87.75 |
80.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.50 |
66.60 |
66.75 |
70.40 |
72.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.50 |
54.50 |
55.00 |
57.80 |
60.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.10 |
37.10 |
37.00 |
38.30 |
43.25 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.10 |
31.10 |
31.25 |
32.25 |
36.90 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.00 |
111.00 |
113.00 |
136.50 |
131.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
110.00 |
111.75 |
134.50 |
130.00 |
Semi Soft |
77.50 |
77.50 |
77.80 |
93.50 |
95.50 |
|
Met Coke (CFR India) |
214.00 |
214.00 |
214.00 |
272.00 |
260.00 |
Freight Rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 23, |
June 20, |
June 16, |
December 24, |
June 24, |
|
South Africa (RBCT) to India (West Coast) |
13.40 |
13.50 |
13.80 |
17.50 |
14.10 |
South Africa (RBCT) to India (East Coast) |
12.60 |
12.70 |
13.00 |
18.00 |
14.40 |
Indonesia (Kalimantan) to India (West Coast) |
8.40 |
8.50 |
9.00 |
12.00 |
9.30 |
Indonesia (Kalimantan) to India (East Coast) |
7.40 |
7.40 |
7.80 |
10.50 |
7.70 |
Australia to India |
14.00 |
14.00 |
14.50 |
18.50 |
15.00 |
Source: Traders & ICMW data base