Sluggish trend sustains in international coal markets
11 Jul 2014
July 11: Coal prices remained range-bound in international markets on July 10 in the absence of Chinese interest that prompted other buyers to look at bargain buying, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on July 10:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
July 10, 2014 |
July 9, 2014 |
July 3, 2014 |
January 10, 2014 |
July 11, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
72.00 |
71.80 |
73.50 |
83.25 |
72.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
64.10 |
64.20 |
65.10 |
67.55 |
66.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
69.80 |
69.80 |
69.60 |
82.75 |
77.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
65.50 |
65.60 |
66.00 |
70.75 |
70.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
52.25 |
52.25 |
53.00 |
57.80 |
58.75 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.00 |
36.90 |
36.70 |
38.05 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.60 |
30.60 |
30.70 |
32.15 |
26.65 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
111.00 |
132.75 |
131.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.00 |
110.00 |
131.25 |
130.00 |
Semi Soft |
75.25 |
75.00 |
76.00 |
93.25 |
90.75 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
204.00 |
272.00 |
250.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
July 10, 2014 |
July 9, 2014 |
July 3, 2014 |
January 10, 2014 |
July 11, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.75 |
14.00 |
13.75 |
15.80 |
14.90 |
South Africa (RBCT) to India (East Coast) |
14.75 |
15.00 |
14.75 |
16.20 |
15.20 |
Indonesia (Kalimantan) to India (West Coast) |
9.10 |
9.40 |
8.90 |
9.90 |
9.70 |
Indonesia (Kalimantan) to India (East Coast) |
7.90 |
7.90 |
7.40 |
8.65 |
8.35 |
Australia to India |
14.80 |
15.00 |
14.75 |
17.00 |
16.50 |
Source: Traders & ICMW data base