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New UserS Africa coal offers continue to rise amidst low deals
19 Nov 2015
India Coal Market Watch
November 18: Spot prices of standard South African and Australian steam coals continued to firm up on November 17 despite actual transactions remaining low as buyers preferred delaying their purchases, expecting offer prices to soften, market sources said.
The prices of Indonesian coal too remained firm despite not too many enquiries, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on November 17:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
November 17, 2015 |
November 16, 2015 |
November 10, 2015 |
May 18, 2015 |
November 18, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
56.75 |
56.00 |
54.20 |
63.40 |
66.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
41.00 |
41.00 |
40.00 |
53.00 |
57.30 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
51.40 |
50.40 |
50.25 |
62.40 |
64.10 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.60 |
55.10 |
60.60 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
36.90 |
36.90 |
36.85 |
44.10 |
48.80 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.20 |
26.20 |
25.90 |
31.60 |
36.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.80 |
19.80 |
19.80 |
25.00 |
29.10 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.50 |
73.50 |
76.00 |
83.25 |
112.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.80 |
73.00 |
75.00 |
82.25 |
111.00 |
|
Semi Soft |
|
60.75 |
60.75 |
61.60 |
65.50 |
77.30 |
|
Met Coke (CFR India) |
|
127.00 |
128.00 |
130.00 |
160.00 |
197.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
November 17, 2015 |
November 16, 2015 |
November 10, 2015 |
May 18, 2015 |
November 18, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
6.50 |
6.60 |
6.80 |
9.00 |
15.10 |
|
South Africa (RBCT) to India (East Coast) |
6.60 |
6.70 |
6.90 |
8.90 |
15.60 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.15 |
5.15 |
5.25 |
6.80 |
10.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.10 |
4.10 |
4.40 |
5.60 |
9.30 |
|
Australia to India |
7.10 |
7.10 |
7.75 |
10.50 |
15.10 |
Source: Traders and ICMW database