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New UserSouth African coal prices slide further in global markets
29 Sep 2015
India Coal Market Watch
September 28: South African steam coal (6000 Kcal/kg NAR) prices fell further on September 25 amidst low enquiries from major buyers, including India, market sources said.
The bids during the days were restricted due to the holiday in India on account of Id-Uz-Zoha, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on September 25:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
September 25, 2015 |
September 24, 2015 |
September 18, 2015 |
March 26, 2015 |
September 26, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
50.00 |
- |
51.00 |
59.60 |
66.60 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
39.80 |
- |
40.40 |
51.20 |
58.40 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
55.00 |
- |
55.25 |
57.40 |
65.70 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
50.50 |
- |
50.60 |
60.90 |
63.50 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
38.00 |
- |
38.25 |
47.50 |
50.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.10 |
- |
26.50 |
33.80 |
37.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
21.00 |
- |
21.10 |
27.20 |
30.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
80.50 |
- |
81.00 |
100.00 |
112.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
79.50 |
- |
80.00 |
98.75 |
110.50 |
|
Semi Soft |
|
60.80 |
- |
62.00 |
75.70 |
77.00 |
|
Met Coke (CFR India) |
|
140.00 |
- |
143.00 |
175.00 |
190.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
September 25, 2015 |
September 24, 2015 |
September 18, 2015 |
March 26, 2015 |
September 26, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
8.50 |
- |
8.50 |
9.80 |
15.25 |
|
South Africa (RBCT) to India (East Coast) |
8.60 |
- |
8.60 |
10.00 |
15.75 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.60 |
- |
6.50 |
6.40 |
11.20 |
|
Indonesia (Kalimantan) to India (East Coast) |
5.60 |
- |
5.50 |
5.40 |
9.60 |
|
Australia to India |
10.10 |
- |
9.70 |
10.00 |
15.50 |
Source: Traders and ICMW database