SA, Australian coal prices move up further
16 Sep 2013
September 16: South African and Australian steam coal prices inched up further on September 13 amidst indications of increased enquiries, but Indonesian prices remained flat on continued lack of demand from Indian companies, industry sources said.
“Indian companies are still not in the market in a big way,” they said.
South African coal price inched up by $0.25 per ton on September 13, recording a total gain of $1.10 during between September 10 and 13.
Following are the indicative prices of coal in various markets and indicative freight rates on September 13:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 13, 2013 |
Price/ton (in $ and FOB) as on Sep 12, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 06, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 14, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 14, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
71.50 |
71.25 |
71.00 |
83.40 |
84.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.80 |
62.50 |
62.25 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
76.80 |
76.25 |
74.75 |
91.75 |
87.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.40 |
68.40 |
68.60 |
76.30 |
71.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.25 |
56.25 |
56.50 |
60.80 |
56.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.65 |
39.75 |
40.00 |
41.90 |
39.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.80 |
33.80 |
34.20 |
35.40 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
153.00 |
153.00 |
152.50 |
162.00 |
140.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
151.00 |
151.00 |
150.50 |
162.50 |
140.50 |
Semi Soft |
98.00 |
98.00 |
99.00 |
115.00 |
97.00 |
|
Met Coke (CFR India) |
268.00 |
265.00 |
260.00 |
298.00 |
325.00 |
Freight Rate:
Destination |
As on Sep 13, 2013 (in $/ton) |
As on Sep 12, 2013 (in $/ton) |
Week Ago Sep 06, 2013 (in $/ton) |
6-month Ago Mar 14, 2013 (in $/ton) |
Year Ago Sep 14, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.00 |
15.70 |
15.00 |
15.90 |
13.00 |
South Africa (RBCT) to India (East Coast) |
16.50 |
16.25 |
15.50 |
16.90 |
14.30 |
Indonesia (Kalimantan) to India (West Coast) |
11.50 |
11.25 |
10.50 |
10.80 |
8.20 |
Indonesia (Kalimantan) to India (East Coast) |
10.25 |
10.00 |
9.25 |
9.70 |
7.50 |
Australia to India |
18.50 |
18.00 |
17.00 |
16.50 |
NA |
Source: ICMW (Traders)