Marginal softness seen in S African coal prices
29 Apr 2016
The spot prices of standard South African coal softened on April 27 and shed the gains recorded the previous day amidst restricted bids, market sources said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on April 27:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 27, 2016 |
April 26, 2016 |
April 20, 2016 |
October 28, 2015 |
April 28, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
52.00 |
52.75 |
53.50 |
49.60 |
61.75 |
South African Steam Coal |
5500 Kcal/kg NAR |
43.00 |
43.20 |
43.50 |
37.60 |
52.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
51.00 |
50.90 |
50.75 |
51.20 |
64.30 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
44.30 |
44.25 |
44.20 |
48.25 |
57.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.65 |
37.60 |
37.50 |
37.20 |
45.10 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.40 |
26.40 |
26.25 |
25.90 |
32.30 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.65 |
20.60 |
20.40 |
20.25 |
25.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
95.00 |
95.00 |
92.00 |
79.40 |
85.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
94.00 |
94.00 |
91.00 |
78.40 |
84.50 |
Semi Soft |
|
67.25 |
67.25 |
66.00 |
62.60 |
67.00 |
Met Coke (CFR India) |
CSR 62 |
144.00 |
140.00 |
135.00 |
132.00 |
170.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 27, 2016 |
April 26, 2016 |
April 20, 2016 |
October 28, 2015 |
April 28, 2015 |
|
South Africa (RBCT) to India (West Coast) |
7.20 |
7.15 |
7.00 |
8.00 |
9.40 |
South Africa (RBCT) to India (East Coast) |
7.25 |
7.25 |
7.10 |
8.05 |
9.20 |
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
4.90 |
6.00 |
5.90 |
Indonesia (Kalimantan) to India (East Coast) |
4.30 |
4.30 |
4.25 |
4.75 |
5.00 |
Australia to India |
7.20 |
7.10 |
7.00 |
8.60 |
9.20 |
Source: Traders and ICMW database