Sharp rise in SA coal prices, Australian rates soften
22 Oct 2013
October 22: Spot prices of South African coal gained further ground on October 21, but Australian coal prices shed a part of the gain recorded during the last two days of the week ending October 19 on low enquiries, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on October 21:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Oct 21, 2013 |
Price/ton (in $ and FOB) as on Oct 18, 2013 |
Week Ago Price/ton (in $ and FOB) Oct 14, 2013 |
6-month ago Price/ ton (in $ and FOB) Apr 22, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 19, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
81.50 |
78.50 |
77.40 |
82.00 |
80.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.00 |
62.00 |
60.25 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
78.50 |
79.50 |
78.65 |
87.50 |
79.30 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.80 |
66.80 |
67.25 |
74.20 |
71.20 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.20 |
54.20 |
54.20 |
58.30 |
54.55 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.50 |
38.50 |
39.00 |
41.50 |
38.10 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.10 |
33.10 |
33.50 |
35.60 |
33.25 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
146.50 |
147.50 |
149.00 |
151.00 |
148.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
145.00 |
146.00 |
147.50 |
150.00 |
148.00 |
Semi Soft |
|
95.00 |
95.50 |
96.00 |
107.50 |
99.00 |
Met Coke (CFR India) |
|
270.00 |
270.00 |
266.00 |
287.00 |
317.00 |
Freight Rate:
Destination |
As on Oct 21, 2013 (in $/ton) |
As on Oct 18, 2013 (in $/ton) |
Week Ago Oct 14, 2013 (in $/ton) |
6-month Ago Apr 22, 2013 (in $/ton) |
Year Ago Oct 19, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
19.00 |
19.00 |
19.00 |
14.60 |
14.50 |
South Africa (RBCT) to India (East Coast) |
19.60 |
19.60 |
19.50 |
15.60 |
15.80 |
Indonesia (Kalimantan) to India (West Coast) |
14.00 |
14.00 |
14.00 |
10.00 |
10.20 |
Indonesia (Kalimantan) to India (East Coast) |
12.50 |
12.50 |
12.45 |
8.90 |
9.00 |
Australia to India |
20.50 |
21.00 |
21.50 |
16.50 |
NA |
Source: ICMW (Traders)