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New UserSouth African spot coal prices continue to lose steam
25 Aug 2016
There was continued softness in spot prices of South African steam coal, while Indonesian variety remained firm on lower supply, market sources said.
Met coal prices remained unchanged but met coke prices inched up on limited availability, they added.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on August 24:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
August 24, 2016 |
August 23, 2016 |
August 17, 2016 |
February 25, 2016 |
August 25, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
65.25 |
65.60 |
67.20 |
54.25 |
52.30 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
52.50 |
52.80 |
54.25 |
41.40 |
43.75 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
66.00 |
66.00 |
68.40 |
53.50 |
57.25 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
58.50 |
58.50 |
57.35 |
46.10 |
52.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.00 |
47.00 |
46.50 |
37.00 |
39.75 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
32.70 |
32.70 |
32.20 |
26.20 |
27.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
25.80 |
25.80 |
25.60 |
20.50 |
22.40 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
118.00 |
118.00 |
112.00 |
76.75 |
83.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
117.00 |
117.00 |
111.00 |
75.75 |
82.00 |
|
Semi Soft |
|
80.00 |
80.00 |
76.00 |
63.80 |
63.50 |
|
Met Coke (CFR India) |
CSR 62 |
210.00 |
209.00 |
200.00 |
113.00 |
145.00 |
Freight rates
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
August 24, 2016 |
August 23, 2016 |
August 17, 2016 |
February 25, 2016 |
August 25, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
8.00 |
8.00 |
7.75 |
5.60 |
9.60 |
|
South Africa (RBCT) to India (East Coast) |
7.80 |
7.80 |
7.50 |
6.00 |
9.70 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.00 |
6.00 |
5.75 |
4.40 |
6.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
5.00 |
5.00 |
4.75 |
3.70 |
5.40 |
|
Australia to India |
9.20 |
9.20 |
8.75 |
6.20 |
10.00 |
Source: Traders and ICMW database