Little change in overall coal markets sentiment
15 Jan 2016
Spot coal prices continued to remain bearish in major markets on January 14, trade sources said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on January 14:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
January 14, 2016 |
January 13, 2016 |
January 7, 2016 |
July 15, 2015 |
January 15, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
49.40 |
49.60 |
51.25 |
56.40 |
60.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
39.00 |
39.25 |
40.40 |
48.10 |
52.75 |
Australian Steam Coal |
6300 Kcal/kg GAR |
49.25 |
49.25 |
51.60 |
59.90 |
66.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.00 |
47.25 |
47.20 |
52.30 |
58.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.50 |
37.00 |
36.90 |
40.60 |
47.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.25 |
26.25 |
26.20 |
28.80 |
34.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.20 |
20.20 |
20.15 |
23.70 |
28.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
76.00 |
76.25 |
84.50 |
108.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.00 |
75.00 |
75.50 |
83.50 |
107.50 |
Semi Soft |
|
62.00 |
62.00 |
62.60 |
67.40 |
79.25 |
Met Coke (CFR India) |
|
120.00 |
120.00 |
118.00 |
152.00 |
193.00 |
Freight rates
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
January 14, 2016 |
January 13, 2016 |
January 7, 2016 |
July 15, 2015 |
January 15, 2015 |
|
South Africa (RBCT) to India (West Coast) |
6.00 |
6.00 |
6.10 |
10.80 |
9.20 |
South Africa (RBCT) to India (East Coast) |
6.10 |
6.10 |
6.20 |
11.00 |
9.60 |
Indonesia (Kalimantan) to India (West Coast) |
4.10 |
4.10 |
4.20 |
7.60 |
7.25 |
Indonesia (Kalimantan) to India (East Coast) |
3.25 |
3.25 |
3.30 |
6.10 |
5.80 |
Australia to India |
6.40 |
6.40 |
6.40 |
11.00 |
9.75 |
Sources: Traders and ICMW database