Marginal softness seen in international coal prices
08 Jan 2016
After a firm trend in the last few sessions, spot coal prices in international markets softened a bit on January 7, amidst continued weak sentiments, trade sources said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on January 7:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
January 7, 2016 |
January 6, 2016 |
December 31, 2015 |
July 8, 2015 |
January 8, 2015 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
51.25 |
51.75 |
50.80 |
56.60 |
61.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
40.40 |
40.50 |
40.40 |
49.80 |
53.20 |
Australian Steam Coal |
6300 Kcal/kg GAR |
51.60 |
52.00 |
52.00 |
58.50 |
64.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.20 |
47.20 |
47.70 |
52.00 |
59.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
36.90 |
36.90 |
37.10 |
40.60 |
47.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.20 |
26.20 |
26.30 |
28.80 |
34.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.15 |
20.15 |
20.25 |
24.00 |
28.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.25 |
76.50 |
76.50 |
87.50 |
109.75 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.50 |
75.75 |
75.75 |
86.50 |
108.75 |
Semi Soft |
|
62.60 |
62.75 |
62.75 |
69.20 |
81.00 |
Met Coke (CFR India) |
|
118.00 |
118.00 |
118.00 |
155.00 |
196.00 |
Freight Rates
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
January 7, 2016 |
January 6, 2016 |
December 31, 2015 |
July 8, 2015 |
January 8, 2015 |
|
South Africa (RBCT) to India (West Coast) |
6.10 |
6.20 |
6.20 |
10.80 |
11.20 |
South Africa (RBCT) to India (East Coast) |
6.20 |
6.30 |
6.30 |
11.30 |
11.70 |
Indonesia (Kalimantan) to India (West Coast) |
4.20 |
4.25 |
4.25 |
7.25 |
7.35 |
Indonesia (Kalimantan) to India (East Coast) |
3.30 |
3.40 |
3.40 |
5.75 |
6.55 |
Australia to India |
6.40 |
6.50 |
6.60 |
10.80 |
10.40 |
Sources: Traders and ICMW database