Slight firmness in international coal prices
14 Apr 2014
April 14: Spot prices of steam coal in international markets remained firm on April 11, largely on account of firmness in the forward markets, industry sources said.
"There is practically not any improvement in Chinese demand, but spot prices remained firm largely on account of an improved trend in the forward markets," they added.
Following are the indicative prices of coal in various markets and indicative freight rates on April 11:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on April 11, 2014 |
As on April 10, 2014 |
Week ago April 4, 2014 |
6-month ago October 12, 2013 |
Year ago April 12, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.40 |
76.00 |
74.75 |
- |
84.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.25 |
65.50 |
65.00 |
- |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.60 |
73.40 |
73.50 |
- |
90.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.50 |
- |
74.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.80 |
54.80 |
54.50 |
- |
58.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.80 |
36.80 |
37.50 |
- |
41.85 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.80 |
31.80 |
32.25 |
- |
35.65 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
110.50 |
- |
152.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
110.00 |
109.50 |
- |
151.50 |
Semi Soft |
84.50 |
83.00 |
82.00 |
- |
108.50 |
|
Met Coke (CFR India) |
208.00 |
208.00 |
204.00 |
- |
288.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on April 11, 2014 |
As on April 10, 2014 |
Week ago April 4, 2014 |
6-month ago October 12, 2013 |
Year ago April 12, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.60 |
15.00 |
15.00 |
- |
15.90 |
South Africa (RBCT) to India (East Coast) |
15.10 |
15.50 |
15.50 |
- |
16.90 |
Indonesia (Kalimantan) to India (West Coast) |
9.25 |
9.25 |
9.80 |
- |
10.25 |
Indonesia (Kalimantan) to India (East Coast) |
8.25 |
8.25 |
8.50 |
- |
9.15 |
Australia to India |
16.00 |
17.00 |
16.80 |
- |
16.50 |
Source: Traders & ICMW data base