Soft trend persists on lack of enquiries
27 Sep 2013
September 27: Little change was marked in international spot coal prices on continued low enquiries from leading buyers such as India and China.
Following are the indicative prices of coal in various markets and indicative freight rates on September 26:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 26, 2013 |
Price/ton (in $ and FOB) as on Sep 25, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 19, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 27, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 28, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
74.50 |
74.50 |
72.75 |
79.75 |
84.70 |
South African Steam Coal |
5500 Kcal/kg NAR |
60.25 |
60.50 |
62.30 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
78.00 |
77.80 |
77.30 |
91.25 |
84.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.25 |
68.25 |
68.30 |
75.60 |
71.90 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.80 |
56.00 |
55.80 |
59.70 |
55.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.60 |
39.60 |
39.40 |
41.80 |
39.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.80 |
33.80 |
33.70 |
35.60 |
33.75 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
152.00 |
152.00 |
154.50 |
156.00 |
141.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
150.00 |
150.00 |
152.50 |
154.75 |
141.00 |
Semi Soft |
97.50 |
97.50 |
98.50 |
112.50 |
93.50 |
|
Met Coke (CFR India) |
270 |
270.00 |
270.00 |
296.00 |
317.00 |
Freight Rate:
Destination |
As on Sep 26, 2013 (in $/ton) |
As on Sep 24, 2013 (in $/ton) |
Week Ago Sep 19, 2013 (in $/ton) |
6-month Ago Mar 27, 2013 (in $/ton) |
Year Ago Sep 28, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
17.25 |
17.20 |
16.50 |
16.10 |
13.00 |
South Africa (RBCT) to India (East Coast) |
17.90 |
17.80 |
17.25 |
17.10 |
14.00 |
Indonesia (Kalimantan) to India (West Coast) |
12.70 |
12.60 |
12.20 |
11.00 |
8.20 |
Indonesia (Kalimantan) to India (East Coast) |
11.30 |
11.25 |
10.75 |
10.00 |
7.40 |
Australia to India |
20.00 |
19.00 |
18.50 |
17.50 |
NA |
Source: ICMW (Traders)