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 in international coal markets
07 May 2014
May 07: A soft trend prevailed in international coal markets amidst low demand from major buying countries amidst ample stock, market sources said.
Indian demand remained subdued in the spot market even as some companies have floated fresh enquiries for deliveries in June and July, they said, adding, European buyers are practically out of the market putting pressure on South African coal prices.
Following are the indicative prices of coal in various markets and indicative freight rates on May 6:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
May 6, 2014 |
May 5, 2014 |
April 29, 2014 |
November 6, 2013 |
May 7, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
77.00 |
77.25 |
77.25 |
82.25 |
81.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
69.75 |
70.00 |
70.50 |
66.00 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
73.00 |
73.00 |
73.50 |
83.25 |
88.30 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.60 |
66.75 |
66.50 |
67.00 |
71.75 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.50 |
55.00 |
54.20 |
60.60 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.20 |
37.20 |
36.90 |
38.50 |
42.60 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.60 |
31.60 |
31.25 |
32.70 |
36.60 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.50 |
113.50 |
113.00 |
146.50 |
146.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.50 |
112.50 |
112.00 |
145.00 |
144.75 |
|
Semi Soft |
|
80.50 |
80.50 |
81.00 |
95.50 |
103.00 |
|
Met Coke (CFR India) |
|
218.00 |
218.00 |
215.00 |
274.00 |
270.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
May 6, 2014 |
May 5, 2014 |
April 29, 2014 |
November 6, 2013 |
May 7, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
14.70 |
14.70 |
14.30 |
16.50 |
15.00 |
|
South Africa (RBCT) to India (East Coast) |
15.50 |
15.50 |
15.10 |
17.00 |
15.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.70 |
9.50 |
11.75 |
9.75 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.70 |
8.70 |
8.40 |
10.30 |
8.25 |
|
Australia to India |
16.30 |
16.50 |
16.00 |
17.50 |
17.00 |
Source: Traders & ICMW data base