Soft trend persists in international coal markets
02 Apr 2015
April 2: A soft trend prevailed in international coal market amidst continued absence of buyers as majority of them appears to have adopted a ‘wait and watch’ policy, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 1:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 1, 2015 |
March 31, 2015 |
March 25, 2015 |
October 3, 2014 |
April 2, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
58.90 |
59.00 |
59.60 |
66.00 |
73.40 |
South African Steam Coal |
5500 Kcal/kg NAR |
51.00 |
51.00 |
51.20 |
57.75 |
64.60 |
Australian Steam Coal |
6300 Kcal/kg GAR |
55.50 |
55.50 |
57.25 |
65.00 |
74.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.75 |
59.75 |
60.90 |
63.50 |
68.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.00 |
47.00 |
47.50 |
49.80 |
54.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
33.50 |
33.50 |
33.80 |
36.50 |
37.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
26.90 |
26.90 |
27.20 |
30.50 |
32.25 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
96.00 |
96.00 |
100.00 |
112.00 |
112.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
95.00 |
95.00 |
98.75 |
110.50 |
110.50 |
Semi Soft |
74.25 |
74.25 |
75.70 |
77.00 |
82.50 |
|
Met Coke (CFR India) |
175.00 |
175.00 |
175.00 |
192.50 |
210.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 1, 2015 |
March 31, 2015 |
March 25, 2015 |
October 3, 2014 |
April 2, 2014 |
|
South Africa (RBCT) to India (West Coast) |
9.30 |
9.30 |
9.80 |
15.25 |
15.30 |
South Africa (RBCT) to India (East Coast) |
9.40 |
9.40 |
10.00 |
15.90 |
15.80 |
Indonesia (Kalimantan) to India (West Coast) |
6.20 |
6.20 |
6.40 |
10.75 |
10.10 |
Indonesia (Kalimantan) to India (East Coast) |
5.20 |
5.20 |
5.40 |
9.25 |
8.80 |
Australia to India |
9.75 |
9.75 |
10.00 |
15.60 |
16.50 |
Source: traders and ICMW database