Spot coal prices largely stable in global markets
13 Mar 2014
March 13: Spot coal prices in international markets remained largely stable on March 12 in limited deals, industry sources said.
Coking coal prices, however, softened further on lack of demand, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on March 12:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on March 12, 2014 |
As on March 11, 2014 |
Week ago March 5, 2014 |
6-month ago September 13, 2013 |
Year ago March 13, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
75.50 |
75.50 |
76.00 |
71.50 |
83.10 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.25 |
62.25 |
62.70 |
62.80 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
72.75 |
72.60 |
75.50 |
76.80 |
90.20 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
69.70 |
69.70 |
69.75 |
68.40 |
76.30 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.60 |
55.60 |
56.25 |
56.25 |
60.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.60 |
37.75 |
38.20 |
39.65 |
41.70 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.40 |
32.40 |
32.25 |
33.80 |
35.30 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
110.00 |
110.50 |
120.00 |
153.00 |
164.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
108.50 |
109.00 |
118.00 |
151.00 |
163.50 |
Semi Soft |
81.70 |
82.75 |
84.00 |
98.00 |
114.50 |
|
Met Coke (CFR India) |
240.00 |
240.00 |
246.00 |
268.00 |
302.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
South Africa (RBCT) to India (West Coast) |
17.50 |
17.50 |
16.25 |
16.00 |
16.10 |
South Africa (RBCT) to India (East Coast) |
17.90 |
17.90 |
16.75 |
16.50 |
17.10 |
Indonesia (Kalimantan) to India (West Coast) |
11.20 |
11.20 |
10.75 |
11.50 |
11.00 |
Indonesia (Kalimantan) to India (East Coast) |
10.20 |
10.20 |
9.25 |
10.25 |
10.00 |
Australia to India |
18.00 |
17.50 |
17.25 |
18.50 |
16.00 |
Source: Traders & ICMW data base