Little change in international coal market
13 Nov 2013
November 13: No marked change was noticed in the international coal markets on November 12 as the spot prices of South African and Australian steam coal softened further amidst the absence of enquiries, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on November 12:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 12, 2013 |
Price/ton (in $ and FOB) as on Nov 11, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 05, 2013 |
6-month ago Price/ton (in $ and FOB) May 13, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 13, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
80.50 |
81.00 |
82.25 |
80.50 |
82.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.40 |
65.60 |
65.75 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
81.50 |
81.80 |
83.00 |
87.25 |
81.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
66.75 |
72.00 |
69.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.40 |
54.40 |
53.90 |
60.60 |
54.70 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.50 |
38.50 |
43.00 |
37.70 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.70 |
32.70 |
32.70 |
36.90 |
33.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.00 |
146.00 |
147.00 |
144.50 |
161.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
144.00 |
144.00 |
145.00 |
143.50 |
160.50 |
Semi Soft |
|
96.50 |
96.50 |
96.00 |
101.00 |
110.00 |
Met Coke (CFR India) |
|
274.00 |
274.00 |
274.00 |
275.00 |
307.00 |
Freight Rate:
Destination |
As on Nov 12, 2013 (in $/ton) |
As on Nov 11, 2013 (in $/ton) |
Week Ago Nov 05, 2013 (in $/ton) |
6-month Ago May 13, 2013 (in $/ton) |
Year Ago Nov 13, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.70 |
16.70 |
16.50 |
14.50 |
12.80 |
South Africa (RBCT) to India (East Coast) |
17.20 |
17.20 |
17.00 |
15.00 |
14.00 |
Indonesia (Kalimantan) to India (West Coast) |
11.90 |
11.90 |
11.75 |
8.60 |
9.95 |
Indonesia (Kalimantan) to India (East Coast) |
10.50 |
10.50 |
10.30 |
7.60 |
8.60 |
Australia to India |
18.00 |
18.00 |
17.50 |
17.25 |
NA |
Source: ICMW (Traders)