South African coal prices rise marginally
13 Sep 2013
September 13: South African steam coal prices improved further on expectations of higher enquiries, while others remained unchanged on lack of interest on September 12, industry sources said.
South African coal prices moved up by $0.55 per ton on the back of a $0.30 per ton increase registered on September 11.
There was in expectation of higher enquiries from India as the rupee stabilised to a great extent during the past few days, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on September 12:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 12, 2013 |
Price/ton (in $ and FOB) as on Sep 11, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 05, 2013 |
6-month ago Price/ ton (in $ and FOB) Mar 13, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 13, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
71.25 |
70.70 |
71.00 |
83.10 |
83.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
62.30 |
62.25 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
76.25 |
76.25 |
74.50 |
90.20 |
87.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.40 |
68.40 |
68.60 |
76.30 |
71.40 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
56.25 |
56.25 |
56.50 |
60.80 |
56.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.75 |
40.00 |
40.00 |
41.70 |
39.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.80 |
34.00 |
34.30 |
35.30 |
33.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
153.00 |
154.00 |
151.00 |
163.50 |
144.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
151.00 |
152.00 |
149.00 |
164.00 |
144.50 |
Semi Soft |
98.00 |
99.00 |
99.00 |
114.50 |
97.00 |
|
Met Coke (CFR India) |
265.00 |
262.00 |
260.00 |
302.00 |
325.00 |
Freight Rate:
Destination |
As on Sep 12, 2013 (in $/ton) |
As on Sep 11, 2013 (in $/ton) |
Week Ago Sep 05, 2013 (in $/ton) |
6-month Ago Mar 13, 2013 (in $/ton) |
Year Ago Sep 13, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
15.70 |
15.25 |
15.00 |
16.10 |
13.00 |
South Africa (RBCT) to India (East Coast) |
16.25 |
15.75 |
15.50 |
17.10 |
14.30 |
Indonesia (Kalimantan) to India (West Coast) |
11.25 |
10.75 |
10.50 |
11.00 |
8.40 |
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
9.50 |
9.25 |
10.00 |
7.50 |
Australia to India |
18.00 |
17.00 |
17.00 |
16.00 |
NA |
Source: ICMW (Traders)