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New UserSluggish trend in international coal markets
22 Apr 2014
April 22: A sluggish trend prevailed in international coal markets on April 21 amidst lack of buying interest which led to a slight softness in South African coal prices, industry sources said.
South African coal prices had gained in the previous week, largely taking a cue from firmness in the futures prices and now some amount of correction is taking place, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 21:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on April 21, 2014 |
As on April 17, 2014 |
Week ago April 14, 2014 |
6-month ago October 22, 2013 |
Year ago April 22, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
77.25 |
77.50 |
76.50 |
82.75 |
82.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
67.60 |
67.60 |
65.10 |
63.25 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.00 |
73.60 |
80.00 |
87.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.00 |
66.80 |
74.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.00 |
55.00 |
54.80 |
54.20 |
58.30 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.90 |
36.90 |
36.80 |
38.75 |
41.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.70 |
31.70 |
31.80 |
33.10 |
35.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.50 |
112.00 |
112.00 |
146.50 |
151.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.50 |
111.00 |
111.00 |
145.00 |
150.00 |
|
Semi Soft |
84.00 |
84.00 |
84.50 |
95.50 |
107.50 |
|
|
Met Coke (CFR India) |
213.00 |
211.00 |
208.00 |
274.00 |
287.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on April 21, 2014 |
As on April 17, 2014 |
Week ago April 14, 2014 |
6-month ago October 22, 2013 |
Year ago April 22, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
13.80 |
13.80 |
14.50 |
18.80 |
14.60 |
|
South Africa (RBCT) to India (East Coast) |
14.10 |
14.10 |
15.00 |
19.50 |
15.60 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.00 |
9.00 |
9.20 |
13.80 |
10.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.00 |
8.00 |
8.20 |
12.30 |
8.90 |
|
Australia to India |
15.00 |
15.00 |
15.75 |
20.00 |
16.50 |
Source: Traders & ICMW data base