SA coal prices slightly firm, others largely unchanged
04 Oct 2013
October 4: Standard South African coal prices firmed up further on October 3 as traders quote higher prices on continued congestion at RBCT even as 5,500 Kcal/kg material softened a bit, industry sources said.
Australian and Indonesian coal prices remained largely unchanged on lack of Chinese enquiries, they added.
Meanwhile, the spot prices of coking coal also firmed up a bit on reported softness in freight rates from Australia on increased vessel availability, they said, adding, freight rates from Indonesia and South Africa to India, however, firmed up further.
Following are the indicative prices of coal in various markets and indicative freight rates on October 3:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Oct 3, 2013 |
Price/ton (in $ and FOB) as on Oct 2, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 26, 2013 |
6-month ago Price/ton (in $ and FOB) Apr 04, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 04, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
76.70 |
76.25 |
74.50 |
81.00 |
84.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
59.80 |
60.00 |
60.25 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
78.75 |
78.75 |
78.00 |
90.40 |
82.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.75 |
67.75 |
68.25 |
75.25 |
72.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.50 |
55.00 |
55.80 |
59.00 |
55.30 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.75 |
39.60 |
42.00 |
38.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.50 |
33.50 |
33.80 |
35.50 |
34.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
150.00 |
149.00 |
152.00 |
151.50 |
142.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
148.00 |
147.00 |
150.00 |
150.50 |
142.00 |
Semi Soft |
96.00 |
95.00 |
97.50 |
111.00 |
92.00 |
|
Met Coke (CFR India) |
266.00 |
266.00 |
270.00 |
291.00 |
315.00 |
Freight Rate:
Destination |
As on Oct 4, 2013 (in $/ton) |
As on Oct 2, 2013 (in $/ton) |
Week Ago Sep 26, 2013 (in $/ton) |
6-month Ago Apr 04, 2013 (in $/ton) |
Year Ago Oct 04, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
18.30 |
17.70 |
17.25 |
15.75 |
13.50 |
South Africa (RBCT) to India (East Coast) |
19.00 |
18.40 |
17.90 |
16.75 |
14.50 |
Indonesia (Kalimantan) to India (West Coast) |
13.50 |
13.00 |
12.70 |
10.60 |
8.60 |
Indonesia (Kalimantan) to India (East Coast) |
12.25 |
11.75 |
11.30 |
9.60 |
7.80 |
Australia to India |
21.00 |
22.00 |
20.00 |
17.00 |
NA |
Source: ICMW (Traders)