Some correction in SA prices, others continue to fall
18 Jul 2014
July 18: A nominal upward correction was seen in standard South African steam coal prices on July 17 but prices of coal of Australian and Indonesian origin continued to remain weak and softened further, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on July 17:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
July 17, 2014 |
July 16, 2014 |
July 10, 2014 |
January 17, 2014 |
July 18, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
70.00 |
69.75 |
72.00 |
86.70 |
74.10 |
South African Steam Coal |
5500 Kcal/kg NAR |
63.50 |
63.60 |
64.10 |
67.90 |
66.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
67.80 |
68.50 |
69.80 |
83.00 |
78.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
65.10 |
65.30 |
65.50 |
70.25 |
69.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.75 |
51.40 |
52.25 |
57.10 |
57.75 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.60 |
36.70 |
37.00 |
38.25 |
42.30 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.25 |
30.40 |
30.60 |
32.10 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
112.00 |
131.75 |
134.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
111.00 |
111.00 |
130.25 |
132.00 |
Semi Soft |
74.50 |
75.00 |
75.25 |
92.00 |
89.00 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
206.00 |
272.00 |
250.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
July 17, 2014 |
July 16, 2014 |
July 10, 2014 |
January 17, 2014 |
July 18, 2013 |
|
South Africa (RBCT) to India (West Coast) |
13.50 |
13.30 |
13.75 |
15.60 |
15.75 |
South Africa (RBCT) to India (East Coast) |
14.25 |
14.40 |
14.75 |
15.85 |
16.00 |
Indonesia (Kalimantan) to India (West Coast) |
8.50 |
8.80 |
9.10 |
9.30 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
7.60 |
7.80 |
7.90 |
8.30 |
8.70 |
Australia to India |
14.30 |
14.30 |
14.80 |
17.00 |
16.50 |
Source: Traders & ICMW data base