APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserProduction cut talks firm up SA, Australian prices
02 Mar 2015
March 2: Spot prices of South African origin and Australian origin steam coal firmed up a bit on February 27 amidst reports that some major coal miners are planning to cut production, market sources said.
“A cut in production might lead to reduced availability and that might help miners to jack up prices,” they said.
Following are the indicative prices of coal in various markets and indicative freight rates on February 27:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
February 27, 2015 |
February 26, 2015 |
February 20, 2015 |
August 28, 2014 |
February 28, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
64.50 |
64.00 |
64.50 |
69.25 |
75.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
55.40 |
55.40 |
54.25 |
62.50 |
63.90 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
62.50 |
61.60 |
61.60 |
69.00 |
77.75 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.10 |
59.10 |
58.40 |
63.60 |
70.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.80 |
47.80 |
47.40 |
50.50 |
56.25 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
34.30 |
34.35 |
34.40 |
36.50 |
38.20 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
27.30 |
27.35 |
27.40 |
30.00 |
32.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
104.00 |
104.00 |
104.00 |
113.75 |
121.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
103.00 |
103.00 |
103.00 |
112.50 |
119.50 |
|
Semi Soft |
79.60 |
79.60 |
79.70 |
77.00 |
83.75 |
|
|
Met Coke (CFR India) |
185.00 |
185.00 |
182.50 |
192.00 |
246.00 |
|
Freight rates:
|
Destination
|
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
February 27, 2015 |
February 26, 2015 |
February 20, 2015 |
August 28, 2014 |
February 28, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
10.00 |
9.65 |
9.30 |
17.00 |
17.00 |
|
South Africa (RBCT) to India (East Coast) |
9.40 |
9.25 |
9.00 |
17.60 |
17.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.50 |
6.40 |
6.25 |
10.80 |
11.40 |
|
Indonesia (Kalimantan) to India (East Coast) |
5.25 |
5.00 |
4.75 |
9.60 |
10.00 |
|
Australia to India |
9.80 |
10.00 |
9.50 |
14.50 |
18.00 |
Source: traders and ICMW database