APMDC Suliyari Coal Upcoming MP MSME auction 1,00,000 MT @SBP INR 2516/- Per MT on 1st July 2024
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New UserSlight improvement in coal prices
12 Sep 2013
September 12: South African and Australian steam coal prices improved slightly on expectation of higher enquiries, while Indonesian prices remained largely unchanged on September 11, industry sources said.
South African coal prices moved up by $0.30 per ton whereas Australian steam coal prices advanced by $1.00 per during the day over September 10 levels.
Meanwhile, a leading brokerage firm, Marex Spectron, offered to sell 4700 Kcal/kg Indonesian coal from East Kalimantan for October Laycan at $57.75 per ton FOB and $65.25 per ton CFR South China.
The company had on September 9 quoted bids and offers for 150,000 tons of RB1 coal for loading in October at a discount of $3.00 and $2.10 to API4 respectively basis 6000 Kcal/kg NAR.
Following are the indicative prices of coal in various markets and indicative freight rates on September 11:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 11, 2013 |
Price/ton (in $ and FOB) as on Sep 10, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 04, 2013 |
6-month ago Price/ ton (in $ and FOB) Mar 12, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 12, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
70.70 |
70.40 |
71.15 |
83.25 |
83.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.30 |
62.00 |
62.25 |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
76.25 |
75.25 |
74.90 |
90.25 |
87.75 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.40 |
68.40 |
68.60 |
76.40 |
71.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.25 |
56.50 |
56.70 |
60.90 |
56.20 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
40.00 |
40.00 |
40.00 |
41.80 |
39.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
34.00 |
34.00 |
34.60 |
35.40 |
33.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
154.00 |
154.00 |
151.00 |
163.50 |
145.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
152.00 |
152.00 |
149.00 |
164.00 |
145.50 |
|
Semi Soft |
99.00 |
99.00 |
99.50 |
114.50 |
97.00 |
|
|
Met Coke (CFR India) |
262.00 |
262.00 |
260.00 |
302.00 |
325.00 |
Freight Rate:
|
Destination |
As on Sep 11, 2013 (in $/ton) |
As on Sep 10, 2013 (in $/ton) |
Week Ago Sep 04, 2013 (in $/ton) |
6-month Ago Mar 12, 2013 (in $/ton) |
Year Ago Sep 12, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
15.25 |
15.00 |
14.70 |
16.10 |
13.40 |
|
South Africa (RBCT) to India (East Coast) |
15.75 |
15.50 |
15.25 |
17.10 |
14.90 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.75 |
10.50 |
10.10 |
11.00 |
8.80 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.50 |
9.25 |
8.90 |
10.00 |
7.80 |
|
Australia to India |
17.00 |
17.00 |
17.00 |
16.00 |
NA |
Source: ICMW (Traders)