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New UserSlight improvement in South Africa spot coal prices
21 Jan 2016
Putting an end to a week-long bearish trend, South African standard coal prices inched up on January 20 as offers rose despite not much increase in actual bids, market sources said.
Prices of other origin coals largely remained unchanged during the day and there was practically no change in coking coal prices as well as freight rates, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on January 20:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
January 20, 2016 |
January 19, 2016 |
January 13, 2016 |
July 21, 2015 |
January 21, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
50.00 |
49.10 |
49.60 |
56.40 |
60.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
38.90 |
38.90 |
39.25 |
48.00 |
52.60 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
49.00 |
49.00 |
49.25 |
60.30 |
67.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.70 |
46.70 |
47.25 |
52.50 |
58.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.90 |
37.90 |
37.00 |
40.60 |
47.20 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.25 |
28.80 |
34.80 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.00 |
20.00 |
20.20 |
23.70 |
28.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
76.00 |
76.00 |
81.50 |
107.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.00 |
75.00 |
75.00 |
80.50 |
106.50 |
|
Semi Soft |
|
62.00 |
62.00 |
62.00 |
65.40 |
79.00 |
|
Met Coke (CFR India) |
|
118.00 |
118.00 |
120.00 |
150.00 |
193.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
January 20, 2016 |
January 19, 2016 |
January 13, 2016 |
July 21, 2015 |
January 21, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
5.80 |
5.80 |
6.00 |
11.00 |
9.40 |
|
South Africa (RBCT) to India (East Coast) |
6.00 |
6.00 |
6.10 |
11.20 |
9.75 |
|
Indonesia (Kalimantan) to India (West Coast) |
4.00 |
4.00 |
4.10 |
7.80 |
7.25 |
|
Indonesia (Kalimantan) to India (East Coast) |
3.15 |
3.15 |
3.25 |
6.10 |
5.80 |
|
Australia to India |
6.25 |
6.25 |
6.40 |
11.25 |
9.80 |
Sources: Traders and ICMW database