Slight softness in Indonesian coal prices
03 Oct 2013
October 3: The indicative spot Indonesian coal prices softened slightly on October 2 amidst absence of enquiries, particularly from Indian and Chinese buyers, industry sources said.
Australian and South African prices, however, continued to remain firm and even moved up by $0.75 and $0.25 per ton respectively, they added.
The soft trend in coking coal prices continued as the rates of premium varieties softened by another $1.00 per ton while semi-soft categories slipped by around $2.00 per ton.
Following are the indicative prices of coal in various markets and indicative freight rates on October 2:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Oct 2, 2013 |
Price/ton (in $ and FOB) as on Sep 30, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 25, 2013 |
6-month ago Price/ton (in $ and FOB) Apr 03, 2013 |
Year Ago Price/ton (in $ and FOB) Oct 03, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
76.25 |
76.00 |
74.50 |
80.70 |
83.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
60.00 |
60.25 |
60.50 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
78.75 |
78.00 |
77.80 |
89.50 |
82.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.75 |
68.00 |
68.25 |
75.50 |
71.80 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.00 |
55.80 |
56.00 |
59.20 |
55.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
39.30 |
39.60 |
42.00 |
38.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.50 |
33.75 |
33.80 |
35.50 |
33.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
149.00 |
150.00 |
152.00 |
152.00 |
142.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
147.00 |
148.00 |
150.00 |
151.00 |
142.00 |
Semi Soft |
95.00 |
97.25 |
97.50 |
110.00 |
93.75 |
|
Met Coke (CFR India) |
266.00 |
268.00 |
270.00 |
291.00 |
315.00 |
Freight Rate:
Destination |
As on Oct 2, 2013 (in $/ton) |
As on Sep 30, 2013 (in $/ton) |
Week Ago Sep 25, 2013 (in $/ton) |
6-month Ago Apr 03, 2013 (in $/ton) |
Year Ago Oct 03, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.70 |
17.40 |
17.20 |
16.00 |
13.50 |
South Africa (RBCT) to India (East Coast) |
18.40 |
18.00 |
17.80 |
17.00 |
14.50 |
Indonesia (Kalimantan) to India (West Coast) |
13.00 |
12.90 |
12.60 |
10.90 |
8.40 |
Indonesia (Kalimantan) to India (East Coast) |
11.75 |
11.50 |
11.25 |
9.90 |
7.60 |
Australia to India |
22.00 |
20.50 |
19.00 |
17.50 |
NA |
Source: ICMW (Traders)