Soft trend in international coal prices
05 Sep 2013
September 5: The international coal market continued to exhibit a soft trend with the continued absence of major enquiries from any of the buyers, industry sources said.
South African prices softened by $0.10 whereas Australian steam coal prices fell by $0.60. Indonesian prices remained unchanged at previous levels.
Following are the indicative prices of coal in various markets and indicative freight rates on September 4:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 04, 2013 |
Price/ton (in $ and FOB) as on Sep 03, 2013 |
Week Ago Price/ton (in $ and FOB) Aug 28, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 05, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 05, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
71.15 |
71.25 |
72.25 |
84.00 |
86.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.25 |
62.25 |
63.00 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
74.90 |
75.50 |
76.40 |
93.75 |
90.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.60 |
68.60 |
69.00 |
76.00 |
71.30 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.70 |
56.70 |
57.00 |
60.00 |
55.75 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
40.00 |
40.00 |
41.00 |
41.20 |
38.60 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
34.60 |
34.60 |
35.50 |
35.00 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
151.00 |
151.00 |
148.00 |
167.00 |
157.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
149.00 |
149.00 |
147.00 |
167.50 |
158.00 |
Semi Soft |
99.50 |
100.00 |
101.00 |
117.00 |
98.00 |
|
Met Coke (CFR India) |
260.00 |
260.00 |
257.00 |
300.00 |
330.00 |
Freight Rate:
Destination |
As on Sep 04, 2013 (in $/ton) |
As on Sep 03, 2013 (in $/ton) |
Week Ago Aug 28, 2013 (in $/ton) |
6-month Ago Mar 05, 2013 (in $/ton) |
Year Ago Sep 05, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
14.70 |
14.70 |
14.70 |
15.30 |
14.30 |
South Africa (RBCT) to India (East Coast) |
15.25 |
15.25 |
15.25 |
16.30 |
15.90 |
Indonesia (Kalimantan) to India (West Coast) |
10.10 |
10.10 |
10.10 |
10.10 |
8.80 |
Indonesia (Kalimantan) to India (East Coast) |
8.90 |
8.90 |
8.90 |
9.10 |
7.80 |
Australia to India |
17.00 |
16.50 |
16.00 |
16.00 |
NA |
Source: ICMW (Traders)