Little change in international coal markets
11 Aug 2014
August 11: Spot coal prices remained largely unchanged on August 8 in the absence of fresh trigger, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on August 8:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
August 8, 2014 |
August 7, 2014 |
August 1, 2014 |
February 7, 2014 |
August 8, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
72.40 |
71.60 |
70.50 |
83.25 |
71.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
63.00 |
62.20 |
62.50 |
66.50 |
64.80 |
Australian Steam Coal |
6300 Kcal/kg GAR |
69.20 |
69.00 |
68.00 |
75.80 |
78.40 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.80 |
63.90 |
64.50 |
70.25 |
69.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
49.60 |
49.80 |
56.80 |
57.40 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.40 |
36.40 |
36.20 |
38.75 |
42.25 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.80 |
30.00 |
30.00 |
31.90 |
36.40 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.00 |
114.00 |
112.50 |
127.00 |
136.70 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.00 |
113.00 |
111.00 |
126.00 |
134.60 |
Semi Soft |
74.25 |
74.25 |
73.00 |
88.25 |
95.60 |
|
Met Coke (CFR India) |
193.00 |
193.00 |
200.00 |
257.00 |
245.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
August 8, 2014 |
August 7, 2014 |
August 1, 2014 |
February 7, 2014 |
August 8, 2013 |
|
South Africa (RBCT) to India (West Coast) |
16.00 |
16.00 |
16.25 |
15.50 |
15.40 |
South Africa (RBCT) to India (East Coast) |
16.40 |
16.40 |
16.50 |
15.80 |
15.85 |
Indonesia (Kalimantan) to India (West Coast) |
9.50 |
9.60 |
9.70 |
9.20 |
9.70 |
Indonesia (Kalimantan) to India (East Coast) |
8.20 |
8.30 |
8.40 |
8.40 |
8.40 |
Australia to India |
13.60 |
13.30 |
13.75 |
15.75 |
16.00 |
Source: Traders & ICMW data base