APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserSA coal prices inch up on cue from forward markets
27 Apr 2016
Spot prices of standard South African coal inched up on April 26, taking a cue from forward markets where a firm trend was witnessed on speculative trading, market sources said.
Coking coal prices too firmed up, indicating good spot demand from coke makers and steel producers, they added.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on April 26:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
April 26, 2016 |
April 25, 2016 |
April 19, 2016 |
October 27, 2015 |
April 27, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
52.75 |
52.00 |
53.75 |
49.60 |
61.65 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
43.20 |
43.20 |
42.30 |
37.60 |
52.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.90 |
50.90 |
50.30 |
51.20 |
63.75 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
44.25 |
44.25 |
44.00 |
48.30 |
57.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.60 |
37.60 |
37.50 |
37.25 |
45.10 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.40 |
26.40 |
26.25 |
25.90 |
32.60 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.60 |
20.60 |
20.40 |
20.25 |
25.80 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
95.00 |
92.50 |
92.00 |
79.40 |
85.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
94.00 |
91.50 |
91.00 |
78.40 |
84.50 |
|
Semi Soft |
|
67.25 |
66.25 |
66.00 |
62.60 |
67.25 |
|
Met Coke (CFR India) |
CSR 62 |
140.00 |
138.00 |
135.00 |
132.00 |
170.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
April 26, 2016 |
April 25, 2016 |
April 19, 2016 |
October 27, 2015 |
April 27, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
7.15 |
7.10 |
7.10 |
8.00 |
9.40 |
|
South Africa (RBCT) to India (East Coast) |
7.25 |
7.20 |
7.20 |
8.05 |
9.20 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
5.00 |
6.00 |
6.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.30 |
4.30 |
4.30 |
4.75 |
5.00 |
|
Australia to India |
7.10 |
7.10 |
7.00 |
8.60 |
9.20 |
Source: Traders and ICMW database