SA coal prices rally continues
11 Dec 2013
December 11: Spot prices of South African steam coal advanced further on December 10 on higher European enquiries amidst prospects of reduced supplies from Colombia from next month onwards, industry sources said.
With this, South African coal prices have moved up by around $3.20 per ton since December 4.
Australian and Indonesian coal prices remained largely unchanged amidst slight improvement in enquiries, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on December 10:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Dec 10, 2013 |
Price/ton (in $ and FOB) as on Dec 09, 2013 |
Week Ago Price/ton (in $ and FOB) Dec 03, 2013 |
6-month ago Price/ton (in $ and FOB) Jun 11, 2013 |
Year Ago Price/ton (in $ and FOB) Dec 11, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
84.80 |
83.80 |
81.75 |
77.80 |
85.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.25 |
68.50 |
68.20 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
84.40 |
84.50 |
83.20 |
83.50 |
93.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.90 |
68.90 |
68.70 |
73.30 |
71.75 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.50 |
56.50 |
56.20 |
60.25 |
56.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
39.00 |
38.50 |
43.00 |
38.60 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.80 |
33.00 |
32.50 |
36.60 |
33.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
134.50 |
134.50 |
136.50 |
136.50 |
161.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
133.00 |
133.00 |
134.50 |
135.25 |
161.00 |
Semi Soft |
|
91.75 |
91.75 |
94.00 |
97.50 |
112.00 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
274.00 |
265.00 |
292.00 |
Freight Rate:
Destination |
As on Dec 10, 2013 (in $/ton) |
As on Dec 09, 2013 (in $/ton) |
Week Ago Dec 03, 2013 (in $/ton) |
6-month Ago Jun 11, 2013 (in $/ton) |
Year Ago Dec 11, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.75 |
17.75 |
16.75 |
13.80 |
14.60 |
South Africa (RBCT) to India (East Coast) |
18.25 |
18.25 |
17.25 |
14.10 |
16.00 |
Indonesia (Kalimantan) to India (West Coast) |
12.80 |
12.75 |
12.10 |
8.50 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
11.20 |
11.20 |
10.50 |
7.30 |
9.00 |
Australia to India |
19.00 |
19.00 |
18.00 |
14.50 |
NA |
Source: ICMW (Traders)