Slight firmness in South African coal prices
23 Apr 2014
April 23: After a brief lull, spot prices of South African steam coal firmed up again on April 22 on increased bids and offers, industry sources said.
However, Indonesian coal prices softened a bit on low Chinese demand, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on April 22:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on April 22, 2014 |
As on April 21, 2014 |
Week ago April 15, 2014 |
6-month ago, |
Year ago, |
||
October 23, 2013 |
April 23, 2013 |
|||||
South African Steam Coal |
6000 Kcal/kg NAR |
78.00 |
77.25 |
77.75 |
84.25 |
82.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
69.60 |
67.60 |
66.25 |
63.50 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.00 |
73.60 |
82.00 |
87.20 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.75 |
67.00 |
67.00 |
66.80 |
74.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.80 |
55.00 |
54.80 |
54.20 |
58.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.70 |
36.90 |
36.90 |
38.75 |
42.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.40 |
31.70 |
31.80 |
33.10 |
36.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
112.50 |
112.00 |
146.50 |
151.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
111.50 |
111.00 |
145.00 |
150.50 |
Semi Soft |
84.00 |
84.00 |
84.00 |
96.00 |
107.00 |
|
Met Coke (CFR India) |
213.00 |
213.00 |
211.00 |
272.00 |
286.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago April 15, 2014 |
6-month ago October 23, 2013 |
Year ago April 23, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.80 |
13.80 |
14.25 |
18.80 |
14.60 |
South Africa (RBCT) to India (East Coast) |
14.10 |
14.10 |
14.75 |
19.50 |
15.60 |
Indonesia (Kalimantan) to India (West Coast) |
9.40 |
9.00 |
9.20 |
13.80 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
8.40 |
8.00 |
8.20 |
12.30 |
8.90 |
Australia to India |
15.20 |
15.00 |
15.50 |
20.00 |
16.50 |
Source: Traders & ICMW data base