Soft trend in international coal markets
29 Apr 2014
April 29: A soft trend prevailed in international coal markets on April 28 with continued firmness in off-spec South African steam coal prices, industry sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 28:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 28, 2014 |
April 25, 2014 |
April 21, 2014 |
October 29, 2013 |
April 29, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
77.30 |
77.50 |
77.25 |
85.90 |
80.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
70.60 |
70.50 |
67.60 |
64.60 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.50 |
73.40 |
73.00 |
82.50 |
85.40 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.60 |
66.60 |
67.00 |
66.50 |
71.75 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.00 |
55.00 |
55.00 |
53.75 |
60.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.90 |
36.90 |
36.90 |
38.60 |
42.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.25 |
31.70 |
33.00 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
113.00 |
112.50 |
147.50 |
149.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
111.50 |
146.00 |
147.50 |
Semi Soft |
80.80 |
80.80 |
84.00 |
97.00 |
103.00 |
|
Met Coke (CFR India) |
215.00 |
215.00 |
213.00 |
272.00 |
272.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 28, |
April 25, |
April 21, |
October 29, |
April 29, |
|
South Africa (RBCT) to India (West Coast) |
14.50 |
14.50 |
13.80 |
17.80 |
15.60 |
South Africa (RBCT) to India (East Coast) |
15.20 |
15.20 |
14.10 |
18.30 |
16.10 |
Indonesia (Kalimantan) to India (West Coast) |
9.50 |
9.50 |
9.00 |
13.00 |
10.15 |
Indonesia (Kalimantan) to India (East Coast) |
8.50 |
8.50 |
8.00 |
11.50 |
9.00 |
Australia to India |
16.20 |
16.20 |
15.00 |
18.50 |
17.00 |
Source: Traders & ICMW data base