Restricted trend in international coal markets
06 Apr 2015
April 06: A restricted trend prevailed in international coal markets on low bids amidst expectation of further decline in prices, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 03:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 3, 2015 |
April 2, 2015 |
March 27, 2015 |
October 5, 2014 |
April 4, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
58.70 |
- |
60.60 |
- |
74.75 |
South African Steam Coal |
5500 Kcal/kg NAR |
51.00 |
- |
51.40 |
- |
65.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
55.40 |
- |
56.25 |
- |
73.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.50 |
- |
60.50 |
- |
67.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.00 |
- |
47.25 |
- |
54.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
33.50 |
- |
33.60 |
- |
37.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
26.90 |
- |
27.20 |
- |
32.25 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
96.00 |
- |
97.50 |
- |
110.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
95.00 |
- |
96.25 |
- |
109.50 |
Semi Soft |
74.25 |
- |
75.20 |
- |
82.00 |
|
Met Coke (CFR India) |
175.00 |
- |
175.00 |
- |
204.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 3, 2015 |
April 2, 2015 |
March 27, 2015 |
October 5, 2014 |
April 4, 2014 |
|
South Africa (RBCT) to India (West Coast) |
9.30 |
- |
9.80 |
- |
15.00 |
South Africa (RBCT) to India (East Coast) |
9.40 |
- |
9.90 |
- |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
6.20 |
- |
6.20 |
- |
9.80 |
Indonesia (Kalimantan) to India (East Coast) |
5.20 |
- |
5.30 |
- |
8.50 |
Australia to India |
9.75 |
- |
9.90 |
- |
16.80 |
Source: traders and ICMW database