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Coal news and updates

South African coal prices increase slightly

11 Apr 2014

April 11: Spot prices of South African steam coal in the international markets increased slightly on April 10, industry sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on April 10:

Specification

Price/ton (in $ and FOB)

As on,

As on,

Week ago,

6-month ago,

Year ago,

April 10, 2014

April 9, 2014

April 3, 2014

October 9, 2013

April 10, 2013

6000 Kcal/kg NAR

76.00

            75.75

73.75

                   77.25

            83.50

5500 Kcal/kg NAR

65.50

            65.00

64.50

                   60.00

                -  

6300 Kcal/kg GAR

73.40

            73.20

73.50

                   78.50

            91.75

5900 Kcal/kg GAR

67.00

            67.00

68.00

                   67.25

            74.70

5000 Kcal/kg GAR

54.80

            54.70

54.50

                   54.00

            58.60

4200 Kcal/kg GAR

36.80

            37.00

37.50

                   38.90

            41.85

3800 Kcal/kg GAR

31.80

            31.80

32.25

                   33.50

            35.60

VM-20.7%, Ash-10.5%

112.00

           111.00

112.00

                 149.50

           151.50

VM-21.5%, Ash-9.3%

110.00

           110.00

110.50

                 147.75

           150.50

 Semi Soft

88.00

            81.80

82.60

                   96.00

           108.75

 Met Coke (CFR India)

208.00

           204.00

207.00

                 266.00

           288.00

Freight rates:

Destination

 (in $/ton)

As on

As on

Week ago,

6-month ago,

Year ago,

April 10, 2014

April 9, 2014

April 3, 2014

October 9, 2013

April 10, 2013

South Africa (RBCT) to India (West Coast)

15.00

            15.00

15.00

                   18.80

                   15.80

South Africa (RBCT) to India (East Coast)

15.50

            15.50

15.50

                   19.40

                   16.80

Indonesia (Kalimantan) to India (West Coast)

9.25

              9.50

10.00

                   14.00

                   10.20

Indonesia (Kalimantan) to India (East Coast)

8.25

              8.40

8.60

                   12.45

                    9.10

Australia to India

17.00

            17.00

16.80

                   21.20

                   16.50

Source: Traders & ICMW data base