Sluggish trend prevails in international coal markets
16 Jun 2014
June 16: A sluggish trend prevailed in international coal markets amidst lack of buying interest from major countries, market sources said.
Chinese buyers continued to remain out of the market while interest of interest buyers too was not that encouraging, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on June 13:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 13, 2014 |
June 12, 2014 |
June 6, 2014 |
December 16, 2013 |
June 14, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
73.75 |
73.60 |
75.70 |
86.25 |
77.35 |
South African Steam Coal |
5500 Kcal/kg NAR |
66.25 |
66.25 |
67.10 |
68.75 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
72.00 |
72.20 |
72.20 |
84.50 |
83.45 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.75 |
66.75 |
67.20 |
69.75 |
73.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.20 |
55.20 |
55.50 |
57.25 |
60.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.00 |
37.30 |
37.50 |
38.60 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.25 |
31.50 |
32.80 |
36.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.10 |
113.00 |
113.50 |
136.00 |
136.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
134.00 |
135.25 |
Semi Soft |
77.80 |
77.80 |
76.75 |
92.00 |
97.50 |
|
Met Coke (CFR India) |
214.00 |
214.00 |
212.00 |
272.00 |
265.00 |
Freight Rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 13, |
June 12, |
June 6, |
December 16, |
June 14, |
|
South Africa (RBCT) to India (West Coast) |
13.80 |
13.80 |
13.25 |
18.20 |
13.80 |
South Africa (RBCT) to India (East Coast) |
13.00 |
13.10 |
14.25 |
18.50 |
14.10 |
Indonesia (Kalimantan) to India (West Coast) |
8.80 |
8.80 |
9.25 |
13.10 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
7.80 |
7.80 |
8.30 |
11.50 |
7.30 |
Australia to India |
14.20 |
14.30 |
15.50 |
19.00 |
14.50 |
Source: Traders & ICMW data base