APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserSoft trend continues in international coal markets
18 Dec 2014
December 18: Spot prices of steam coal in all major markets remained soft on December 17 in the absence of major deals, market sources said
Reports that China is planning to reduce the export tax on coal to 3% from 10% with effect from January 1, 2015 also affected sentiment, particularly for low grade Indonesian coal, they said
Following are the indicative prices of coal in various markets and indicative freight rates on December 17:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
December 17, 2014 |
December 16, 2014 |
December 10, 2014 |
June 18, 2014 |
December 18, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
66.20 |
66.65 |
66.40 |
74.60 |
85.90 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
56.80 |
57.30 |
57.25 |
65.00 |
69.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
63.60 |
63.45 |
62.50 |
71.50 |
85.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.80 |
59.80 |
60.10 |
66.85 |
68.75 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.40 |
48.40 |
48.40 |
54.70 |
57.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
35.60 |
35.80 |
35.80 |
36.90 |
38.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
28.60 |
28.75 |
28.75 |
31.10 |
33.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
113.00 |
113.00 |
112.00 |
136.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.50 |
111.50 |
111.00 |
134.00 |
|
Semi Soft |
78.80 |
78.50 |
78.50 |
77.25 |
92.00 |
|
|
Met Coke (CFR India) |
202.50 |
202.50 |
200.00 |
214.00 |
272.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
December 17, 2014 |
December 16, 2014 |
December 10, 2014 |
June 18, 2014 |
December 18, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
12.65 |
12.65 |
13.25 |
13.60 |
18.00 |
|
South Africa (RBCT) to India (East Coast) |
13.40 |
13.50 |
14.00 |
12.80 |
18.40 |
|
Indonesia (Kalimantan) to India (West Coast) |
8.65 |
8.95 |
9.25 |
8.80 |
12.80 |
|
Indonesia (Kalimantan) to India (East Coast) |
7.60 |
7.95 |
8.25 |
7.60 |
11.20 |
|
Australia to India |
12.25 |
13.30 |
13.50 |
14.25 |
19.00 |
Source: Traders and ICMW database