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New UserS African coal prices up, Australian varieties turn soft
01 Sep 2014
September 1: Spot prices of South African steam coal gained further on August 29 but Australian prices slipped on various factors, markets sources said.
A softness in gas prices in Europe is believed to be putting pressure on coal prices, they added.
Following are indicative prices of coal in various markets and indicative freight rates on August 29:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
August 29, 2014 |
August 28, 2014 |
August 22, 2014 |
March 3, 2014 |
August 30, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
69.75 |
69.25 |
69.00 |
75.75 |
71.40 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
62.50 |
62.20 |
64.10 |
62.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
68.25 |
69.00 |
68.75 |
77.50 |
76.25 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
63.60 |
63.60 |
70.00 |
68.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.50 |
50.50 |
50.00 |
56.25 |
56.75 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.50 |
36.70 |
38.20 |
40.80 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.00 |
32.25 |
35.25 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.25 |
113.75 |
113.00 |
121.00 |
150.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.50 |
112.00 |
119.00 |
148.50 |
|
Semi Soft |
76.00 |
77.00 |
75.50 |
84.00 |
102.00 |
|
|
Met Coke (CFR India) |
192.00 |
192.00 |
186.00 |
246.00 |
260.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
August 29, 2014 |
August 28, 2014 |
August 22, 2014 |
March 3, 2014 |
August 30, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
17.25 |
17.00 |
15.60 |
16.60 |
14.70 |
|
South Africa (RBCT) to India (East Coast) |
17.80 |
17.60 |
16.25 |
17.10 |
15.25 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.80 |
10.80 |
10.50 |
11.10 |
10.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.60 |
9.60 |
9.40 |
9.60 |
8.90 |
|
Australia to India |
14.75 |
14.50 |
14.80 |
17.50 |
16.50 |
Source: Traders & ICMW data base