Slight uptrend in coal prices in global markets
10 Sep 2014
September 10: A firm trend was witnessed in international coal markets on September 9 as prices of South African and Australian steam coal moved up on increase in offer rates as bids improved a bit, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on September 9:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
September 9, 2014 |
September 8, 2014 |
September 2, 2014 |
March 10, 2014 |
September 10, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
67.50 |
67.00 |
68.00 |
75.10 |
70.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
60.40 |
60.00 |
61.80 |
62.25 |
62.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
65.80 |
65.30 |
67.50 |
73.00 |
75.25 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
62.50 |
62.60 |
63.25 |
69.70 |
68.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.25 |
50.25 |
50.00 |
56.00 |
56.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.80 |
36.80 |
36.50 |
38.00 |
40.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.00 |
32.25 |
34.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
109.00 |
111.00 |
113.00 |
112.00 |
154.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
108.00 |
109.75 |
111.50 |
110.50 |
152.00 |
Semi Soft |
76.00 |
76.30 |
75.75 |
83.25 |
99.00 |
|
Met Coke (CFR India) |
192.00 |
192.00 |
192.00 |
240.00 |
262.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
September 9, 2014 |
September 8, 2014 |
September 2, 2014 |
March 10, 2014 |
September 10, 2013 |
|
South Africa (RBCT) to India (West Coast) |
18.30 |
18.10 |
17.75 |
17.40 |
15.00 |
South Africa (RBCT) to India (East Coast) |
18.80 |
18.80 |
18.20 |
17.70 |
15.50 |
Indonesia (Kalimantan) to India (West Coast) |
12.20 |
11.90 |
11.20 |
10.80 |
10.50 |
Indonesia (Kalimantan) to India (East Coast) |
11.00 |
10.80 |
10.20 |
9.80 |
9.25 |
Australia to India |
16.00 |
15.70 |
14.80 |
17.25 |
17.00 |
Source: Traders & ICMW data base