Mixed trend in international coal markets
12 Jun 2014
June 12: A mixed trend prevailed in international coal markets on June 11 as prices softened for majority of varieties, but inched up for a few varieties, market sources said.
South African standard coal prices softened sharply on low demand and ample supplies, but Australian steam coal prices inched up a bit, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on June 11:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 11, 2014 |
June 10, 2014 |
June 4, 2014 |
December 12, 2013 |
June 12, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
73.80 |
74.50 |
76.25 |
86.00 |
77.30 |
South African Steam Coal |
5500 Kcal/kg NAR |
66.25 |
66.25 |
67.20 |
68.50 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
71.90 |
71.75 |
73.20 |
84.75 |
83.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.75 |
67.00 |
67.20 |
69.75 |
73.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.25 |
55.50 |
55.50 |
57.25 |
60.25 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.40 |
37.50 |
37.30 |
38.60 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.25 |
31.50 |
32.80 |
36.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
114.00 |
113.50 |
136.00 |
136.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.50 |
112.00 |
134.00 |
135.25 |
Semi Soft |
77.80 |
77.80 |
76.40 |
92.00 |
97.50 |
|
Met Coke (CFR India) |
214.00 |
214.00 |
212.00 |
272.00 |
265.00 |
Freight Rate:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 11, 2014 |
June 10, 2014 |
June 4, 2014 |
December 12, 2013 |
June 12, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.00 |
14.00 |
13.70 |
18.00 |
13.80 |
South Africa (RBCT) to India (East Coast) |
13.60 |
13.80 |
14.40 |
18.40 |
14.10 |
Indonesia (Kalimantan) to India (West Coast) |
9.00 |
9.10 |
9.80 |
13.00 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
8.00 |
8.00 |
8.60 |
11.40 |
7.30 |
Australia to India |
14.80 |
14.80 |
15.75 |
19.00 |
14.50 |
Source: Traders & ICMW data base