Soft trend in international coal markets
12 Sep 2014
September 12: A soft trend prevailed in international coal markets on September 11 amidst absence of major enquiries, market sources said.
The prices of South African and Australian steam coal softened by around $0.25 per ton whereas other varieties remained unchanged at their previous levels.
Following are the indicative prices of coal in various markets and indicative freight rates on September 11:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
September 11, 2014 |
September 10, 2014 |
September 4, 2014 |
March 12, 2014 |
September 12, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
67.75 |
68.00 |
67.40 |
75.50 |
71.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
60.00 |
60.00 |
61.00 |
62.25 |
62.50 |
Australian Steam Coal |
6300 Kcal/kg GAR |
66.00 |
66.20 |
66.00 |
72.75 |
76.25 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
62.50 |
62.50 |
63.00 |
69.70 |
68.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.50 |
50.50 |
50.00 |
55.60 |
56.25 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.60 |
36.50 |
37.60 |
39.75 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.20 |
30.20 |
30.00 |
32.40 |
33.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
109.00 |
109.00 |
111.50 |
110.00 |
153.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
108.00 |
108.00 |
110.25 |
108.50 |
151.00 |
Semi Soft |
76.00 |
76.00 |
75.50 |
81.70 |
98.00 |
|
Met Coke (CFR India) |
192.00 |
192.00 |
192.00 |
240.00 |
265.00 |
Freight rates
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
September 11, 2014 |
September 10, 2014 |
September 4, 2014 |
March 12, 2014 |
September 12, 2013 |
|
South Africa (RBCT) to India (West Coast) |
18.50 |
18.50 |
18.00 |
17.50 |
15.70 |
South Africa (RBCT) to India (East Coast) |
19.25 |
19.00 |
18.60 |
17.90 |
16.25 |
Indonesia (Kalimantan) to India (West Coast) |
12.60 |
12.40 |
11.50 |
11.20 |
11.25 |
Indonesia (Kalimantan) to India (East Coast) |
11.40 |
11.20 |
10.50 |
10.20 |
10.00 |
Australia to India |
16.00 |
16.00 |
15.40 |
18.00 |
18.00 |
Source: Traders & ICMW data base