Sluggish trend in international coal markets
17 Mar 2014
March 17: Spot coal prices remained largely stable in international markets on March 14 in the absence of fresh enquiries, industry sources said.
Reports of disruption in loading at Kalimantan due heavy rains have not impacted yet prices of Indonesian coal in the absence of major enquiries, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on March 14:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, March 14, 2014 |
As on, March 13, 2014 |
Week ago, March 7, 2014 |
6-month ago, September 16, 2013 |
Year ago, March 15, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.20 |
76.30 |
75.75 |
71.50 |
83.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.70 |
62.70 |
62.70 |
62.90 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.80 |
73.25 |
75.00 |
76.80 |
93.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
70.00 |
69.90 |
69.70 |
68.40 |
76.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.60 |
55.60 |
56.20 |
56.00 |
60.90 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.50 |
37.60 |
38.10 |
39.65 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.15 |
32.25 |
32.25 |
33.80 |
36.00 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
107.00 |
107.00 |
115.00 |
153.00 |
161.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
106.75 |
106.75 |
113.50 |
151.00 |
160.50 |
Semi Soft |
81.75 |
81.75 |
83.50 |
98.00 |
115.50 |
|
Met Coke (CFR India) |
240.00 |
240.00 |
240.00 |
268.00 |
296.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on March 14, 2014 |
As on March 13, 2014 |
Week ago March 7, 2014 |
6-month ago September 16, 2013 |
Year ago March 15, 2013 |
|
South Africa (RBCT) to India (West Coast) |
17.50 |
17.50 |
16.25 |
16.00 |
15.90 |
South Africa (RBCT) to India (East Coast) |
17.90 |
17.90 |
16.75 |
16.50 |
16.90 |
Indonesia (Kalimantan) to India (West Coast) |
11.00 |
11.00 |
10.40 |
11.50 |
10.85 |
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
10.00 |
9.25 |
10.20 |
9.50 |
Australia to India |
17.90 |
17.90 |
17.00 |
19.00 |
16.50 |
Source: Traders & ICMW data base