SA coal prices fall further, others largely stable
21 Aug 2014
August 21: Spot prices of South African coal declined further on August 20 on the continued absence of enquiries from Asian countries, market sources said.
However, Indonesian coal prices remained firm amidst reports that a number of miners in the country resorted to recent production cuts, leading to a slight fall in overall availability, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on August 20:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
August 20, 2014 |
August 19, 2014 |
August 13, 2014 |
February 21, 2014 |
August 21, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
69.00 |
69.25 |
72.20 |
78.00 |
74.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.25 |
62.00 |
62.50 |
63.50 |
64.50 |
Australian Steam Coal |
6300 Kcal/kg GAR |
68.25 |
68.50 |
68.80 |
78.00 |
77.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.75 |
63.75 |
63.60 |
70.00 |
69.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
50.00 |
50.00 |
56.75 |
57.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.40 |
36.25 |
38.00 |
41.35 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
29.75 |
29.80 |
32.00 |
35.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
111.00 |
113.00 |
125.00 |
146.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
109.75 |
111.50 |
123.00 |
144.50 |
Semi Soft |
74.00 |
73.25 |
74.25 |
87.00 |
97.00 |
|
Met Coke (CFR India) |
188.00 |
188.00 |
193.00 |
253.00 |
253.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
August 20, 2014 |
August 19, 2014 |
August 13, 2014 |
February 21, 2014 |
August 21, 2013 |
|
South Africa (RBCT) to India (West Coast) |
17.40 |
16.30 |
16.25 |
16.50 |
14.25 |
South Africa (RBCT) to India (East Coast) |
17.90 |
16.80 |
16.75 |
17.00 |
14.75 |
Indonesia (Kalimantan) to India (West Coast) |
10.50 |
10.25 |
10.00 |
10.80 |
9.25 |
Indonesia (Kalimantan) to India (East Coast) |
9.40 |
9.20 |
8.75 |
9.60 |
8.00 |
Australia to India |
15.50 |
15.00 |
14.25 |
17.75 |
16.00 |
Source: Traders & ICMW data base