SA steam coal loses steam, off-spec prices edge up
10 Dec 2015
India Coal Market Watch
December 9: South African standard grade thermal coal prices continued to slide on December 8 even as off-spec prices showed a marginal uptrend, according to market sources.
Australian steam coal prices made slight gains, while Indonesian coal prices remained unchanged, they said.
Also, international freight rates for Panamax vessels showed a flat trend.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on December 08:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
December 8, 2015 |
December 7, 2015 |
December 1, 2015 |
June 11, 2015 |
December 8, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
53.30 |
54.75 |
55.75 |
61.30 |
65.75 |
South African Steam Coal |
5500 Kcal/kg NAR |
40.60 |
40.30 |
40.80 |
53.00 |
56.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
52.30 |
51.65 |
51.75 |
59.00 |
61.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.90 |
53.00 |
60.25 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.40 |
37.40 |
37.25 |
42.10 |
48.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.00 |
30.40 |
35.75 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.90 |
19.90 |
19.90 |
24.30 |
28.75 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.50 |
73.50 |
72.80 |
88.25 |
112.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.60 |
72.60 |
72.00 |
87.25 |
111.00 |
Semi Soft |
|
61.50 |
61.50 |
61.00 |
70.50 |
78.50 |
Met Coke (CFR India) |
|
123.00 |
123.00 |
123.00 |
155.00 |
200.00 |
Freight Rate
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
December 8, 2015 |
December 7, 2015 |
December 1, 2015 |
June 11, 2015 |
December 8, 2014 |
|
South Africa (RBCT) to India (West Coast) |
6.70 |
6.70 |
6.70 |
9.30 |
13.75 |
South Africa (RBCT) to India (East Coast) |
6.80 |
6.80 |
6.90 |
9.20 |
14.50 |
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
5.00 |
5.10 |
7.00 |
9.75 |
Indonesia (Kalimantan) to India (East Coast) |
4.15 |
4.15 |
4.25 |
5.70 |
8.50 |
Australia to India |
7.00 |
7.00 |
7.50 |
10.30 |
14.25 |
Source: Traders and ICMW database