SA coal prices continue to rise
13 Dec 2013
December 13: The spot price of South African steam coal continued to rise on December 12 sixth day running despite not much change in overall market conditions, industry sources said.
"There is not much change in enquiry level from India and China for South African spot cargo, but prices are rising without any reason," they felt.
Australian steam coal prices remained unchanged during the day, while higher grades of Indonesian coal prices inched up by $0.25 per ton.
Following are the indicative prices of coal in various markets and indicative freight rates on December 12:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 12, 2013 |
Price/ton (in $ and FOB) as on Dec 11, 2013 |
Week Ago Price/ton (in $ and FOB) Dec 05, 2013 |
6-month ago Price/ ton (in $ and FOB) Jun 13, 2013 |
Year Ago Price/ton (in $ and FOB) Dec 13, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
86.00 |
85.20 |
81.75 |
77.50 |
86.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.50 |
68.50 |
68.80 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
84.75 |
84.75 |
84.25 |
83.60 |
91.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.75 |
69.50 |
68.75 |
73.00 |
71.75 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
57.25 |
57.00 |
56.50 |
60.20 |
56.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.60 |
38.75 |
38.75 |
43.00 |
38.60 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.80 |
32.80 |
32.75 |
36.60 |
33.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
136.00 |
135.00 |
136.00 |
136.50 |
158.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
134.00 |
133.50 |
134.00 |
135.25 |
157.50 |
Semi Soft |
|
92.00 |
92.00 |
92.50 |
97.50 |
112.00 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
272.00 |
265.00 |
288.00 |
Freight Rate:
Destination
|
As on Dec 12, 2013 (in $/ton) |
As on Dec 11, 2013 (in $/ton) |
Week Ago Dec 05, 2013 (in $/ton) |
6-month Ago Jun 13, 2013 (in $/ton) |
Year Ago Dec 13, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
18.00 |
18.00 |
16.85 |
13.80 |
14.40 |
South Africa (RBCT) to India (East Coast) |
18.40 |
18.50 |
17.30 |
14.10 |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
13.00 |
13.00 |
12.20 |
8.50 |
9.80 |
Indonesia (Kalimantan) to India (East Coast) |
11.40 |
11.40 |
10.60 |
7.30 |
8.80 |
Australia to India |
19.00 |
19.00 |
18.50 |
14.50 |
NA |
Source: ICMW (Traders)