SA, Australian coal prices firm up again
10 Dec 2013
December 10: Spot prices of South African and Australian steam coal firmed up sharply on December 9 in anticipation of disturbances in supplies from Colombia as one of its leading miners has not been able to comply with government regulations on introducing a direct loading facility, industry sources said.
While SA coal prices (6,000 Kcal/kg NAR) firmed up $0.80 per ton, Australian coal (6,300 Kcal/kg GAR) firmed up by $1.00 per ton compared with December 6 levels, they said.
While there was some recovery ($0.50 per ton) in coking coal prices, there was practically no change in Indonesian prices, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on December 9:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 09, 2013 |
Price/ton (in $ and FOB) as on Dec 06, 2013 |
Week Ago Price/ton (in $ and FOB) Dec 02, 2013 |
6-month ago Price/ton (in $ and FOB) Jun 10, 2013 |
Year Ago Price/ton (in $ and FOB) Dec 10, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
83.80 |
83.00 |
82.25 |
79.00 |
87.20 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.50 |
68.50 |
67.20 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
84.50 |
83.50 |
83.00 |
85.50 |
93.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.90 |
68.90 |
68.50 |
73.50 |
71.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.50 |
56.50 |
56.00 |
60.25 |
56.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.00 |
39.00 |
38.40 |
43.00 |
38.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.00 |
33.00 |
32.50 |
36.60 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
134.50 |
134.00 |
136.50 |
136.50 |
161.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
133.00 |
132.50 |
134.50 |
135.25 |
160.75 |
Semi Soft |
|
91.75 |
90.50 |
94.00 |
97.50 |
111.50 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
274.00 |
265.00 |
292.00 |
Freight Rate:
Destination |
As on Dec 09, 2013 (in $/ton) |
As on Dec 06, 2013 (in $/ton) |
Week Ago Dec 02, 2013 (in $/ton) |
6-month Ago Jun 10, 2013 (in $/ton) |
Year Ago Dec 10, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.75 |
17.50 |
16.75 |
13.80 |
14.80 |
South Africa (RBCT) to India (East Coast) |
18.25 |
18.25 |
17.25 |
14.10 |
16.00 |
Indonesia (Kalimantan) to India (West Coast) |
12.75 |
12.60 |
12.00 |
8.50 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
11.20 |
11.00 |
10.40 |
7.30 |
9.00 |
Australia to India |
19.00 |
19.00 |
18.00 |
14.50 |
NA |
Source: ICMW (Traders)