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New UserSlight firmness in SA spot coal prices on lower cargo hint
09 May 2016
Spot prices of South African coal, on May 6, inched up a bit on higher bids amidst indication of lower availability of cargo, market sources said.
A firmness in futures market aided the sentiment, they said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on May 6:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
May 6, 2016 |
May 5, 2016 |
April 29, 2016 |
November 7, 2015 |
May 7, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.50 |
53.15 |
52.80 |
- |
62.70 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
42.25 |
42.20 |
42.40 |
- |
52.70 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.60 |
50.50 |
51.25 |
- |
62.40 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
45.70 |
45.80 |
45.10 |
- |
56.05 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.65 |
37.60 |
37.75 |
- |
44.30 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.60 |
26.55 |
26.50 |
- |
31.60 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
21.60 |
21.70 |
20.70 |
- |
25.10 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
106.00 |
105.00 |
100.00 |
- |
82.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
105.00 |
104.00 |
99.00 |
- |
81.50 |
|
Semi Soft |
|
68.50 |
68.50 |
68.00 |
- |
66.65 |
|
Met Coke (CFR India) |
CSR 62 |
170.00 |
170.00 |
160.00 |
- |
165.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
May 6, 2016 |
May 5, 2016 |
April 29, 2016 |
November 7, 2015 |
May 7, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
7.30 |
7.30 |
7.30 |
- |
9.20 |
|
South Africa (RBCT) to India (East Coast) |
7.30 |
7.40 |
7.40 |
- |
9.10 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.25 |
5.40 |
5.10 |
- |
6.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.50 |
4.60 |
4.30 |
- |
5.15 |
|
Australia to India |
7.60 |
7.70 |
7.40 |
- |
9.70 |
Source: Traders and ICMW database