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New UserSouth Africa coal prices touch one-month high
10 Feb 2015
February 10: Spot prices of South African steam coal (6,000 NAR) continued to firm up in the international markets on February 9 and touched a one-month high of $64.80, primarily on speculative deals, market sources said.
Seaborne coking coal prices showed softness amid ample supply and reports that the iron ore market will remain oversupplied in 2015, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on February 9:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
February 9, 2015 |
February 6, 2015 |
February 2, 2015 |
August 10, 2014 |
February 10, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
64.80 |
63.50 |
62.60 |
- |
83.25 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
54.50 |
55.00 |
54.00 |
- |
66.25 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
61.55 |
62.00 |
63.50 |
- |
75.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
58.50 |
58.50 |
58.50 |
- |
70.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.30 |
47.00 |
46.80 |
- |
56.80 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
34.50 |
34.60 |
34.80 |
- |
38.75 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
27.60 |
27.80 |
28.05 |
- |
31.90 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
106.50 |
107.00 |
107.00 |
- |
126.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
105.50 |
106.00 |
106.00 |
- |
125.00 |
|
Semi Soft |
79.50 |
80.25 |
80.00 |
- |
87.70 |
|
|
Met Coke (CFR India) |
186.00 |
186.00 |
190.00 |
- |
257.00 |
|
Freight rates
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
February 9, 2015 |
February 6, 2015 |
February 2, 2015 |
August 10, 2014 |
February 10, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
8.50 |
8.50 |
9.30 |
- |
15.75 |
|
South Africa (RBCT) to India (East Coast) |
8.00 |
8.00 |
8.90 |
- |
16.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.00 |
6.00 |
6.50 |
- |
9.70 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.50 |
4.50 |
5.10 |
- |
8.90 |
|
Australia to India |
9.00 |
8.40 |
8.80 |
- |
16.75 |
Source: Traders and ICMW Data Base