Sluggish trend continues in international coal markets
02 Jan 2014
January 2: Spot coal prices remained range-bound on January 1 as participants continued to remain out of the market, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 1:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Jan 01, 2013 |
Price/ton (in $ and FOB) as on Dec 31, 2013 |
Week Ago Price/ton (in $ and FOB) Dec 24, 2013 |
6-month ago Price/ton (in $ and FOB) Jul 02, 2013 |
Year Ago Price/ton (in $ and FOB) Jan 01, 2013 |
South African Steam Coal |
6000 Kcal/kg NAR |
85.25 |
85.00 |
85.25 |
72.50 |
88.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
68.50 |
68.60 |
68.75 |
67.50 |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
85.50 |
85.75 |
87.75 |
78.00 |
93.80 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.00 |
70.25 |
70.40 |
71.50 |
71.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
57.70 |
57.70 |
57.80 |
60.10 |
56.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.25 |
38.25 |
38.30 |
43.40 |
38.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.20 |
32.20 |
32.25 |
37.00 |
33.40 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
131.00 |
133.00 |
136.50 |
131.00 |
160.20 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
130.00 |
131.50 |
134.50 |
129.50 |
159.70 |
Semi Soft |
|
91.50 |
92.00 |
93.50 |
92.00 |
117.00 |
Met Coke (CFR India) |
|
272.00 |
272.00 |
272.00 |
255.00 |
291.00 |
Freight Rate:
Destination |
As on Jan 01, 2013 (in $/ton) |
As on Dec 31, 2013 (in $/ton) |
Week Ago Dec 24, 2013 (in $/ton) |
6-month Ago Jul 02, 2013 (in $/ton) |
Year Ago Jan 01, 2013 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.30 |
17.40 |
17.50 |
15.00 |
13.40 |
South Africa (RBCT) to India (East Coast) |
17.50 |
17.70 |
18.00 |
15.30 |
14.30 |
Indonesia (Kalimantan) to India (West Coast) |
11.70 |
11.80 |
12.00 |
10.00 |
9.00 |
Indonesia (Kalimantan) to India (East Coast) |
10.25 |
10.30 |
10.50 |
8.50 |
7.90 |
Australia to India |
18.50 |
19.00 |
18.50 |
15.00 |
NA |
Source: ICMW (Traders)