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Coal news and updates

No change seen in international coal market trends

16 Feb 2015

February 16: The trend in international coal markets remained practically unchanged on February 13 as the rates of South African coal rose further even as other origin coal prices remained largely unchanged, market sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on February 13:

Description of Coal

Specification

Price/ton (in $ and FOB)

As on,

As on,

Week ago,

6-month ago,

Year ago,

February 13, 2015

February 12, 2015

February 6, 2015

August 14, 2014

February 14, 2014

South African Steam Coal

6000 Kcal/kg NAR

66.80

66.50

63.50

-

79.55

South African Steam Coal

5500 Kcal/kg NAR

55.50

55.20

55.00

-

65.50

Australian Steam Coal

6300 Kcal/kg GAR

61.70

61.75

62.00

-

74.50

Indonesian Steam Coal

5900 Kcal/kg GAR

58.40

58.50

58.50

-

70.20

Indonesian Steam Coal

5000 Kcal/kg GAR

47.00

47.00

47.00

-

56.75

Indonesian Steam Coal

4200 Kcal/kg GAR

34.40

34.40

34.60

-

38.50

Indonesian Steam Coal

3800 Kcal/kg GAR

27.50

27.60

27.80

-

31.70

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

104.00

104.00

107.00

-

124.40

Premium Low Vol

VM-21.5%, Ash-9.3%

103.00

103.00

106.00

-

123.50

Semi Soft

 

79.70

79.50

80.25

-

87.25

Met Coke (CFR India)

 

187.00

187.00

186.00

-

257.00

Freight rates:

Destination

(in $/ton)

As on

As on

Week ago,

6-month ago,

Year ago,

February 13, 2015

February 12, 2015

February 6, 2015

August 14, 2014

February 14, 2014

South Africa (RBCT) to India (West Coast)

9.30

8.90

8.50

-

16.10

South Africa (RBCT) to India (East Coast)

9.00

8.50

8.00

-

16.60

Indonesia (Kalimantan) to India (West Coast)

6.00

6.10

6.00

-

9.90

Indonesia (Kalimantan) to India (East Coast)

4.50

4.60

4.50

-

9.20

Australia to India

9.50

9.50

8.40

-

17.50

Source: Traders and ICMW Data Base