Spot steam coal prices ease in global markets
21 Jul 2014
July 21: Spot prices of seaborne steam coal in international market eased further on July 18 on the back of a continued weakness in demand and lack of enquiries, market sources said.
Standard South African steam coal prices dropped after a slight recovery a day before. Australian and Indonesian varieties also moved downwards. Freight rates, however, gained in value.
Following are the indicative prices of coal in various markets and indicative freight rates on July 18:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
July 18, 2014 |
July 17, 2014 |
July 11, 2014 |
January 21, 2014 |
July 17, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
69.50 |
70.00 |
71.50 |
84.75 |
74.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
63.00 |
63.50 |
64.00 |
67.50 |
66.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
67.30 |
67.80 |
69.20 |
82.25 |
78.20 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
64.60 |
65.10 |
65.30 |
70.00 |
70.25 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.25 |
50.75 |
51.80 |
57.00 |
58.20 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.35 |
36.60 |
36.70 |
38.00 |
42.30 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.15 |
30.25 |
30.50 |
31.80 |
36.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
112.00 |
130.50 |
131.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
110.50 |
111.00 |
129.00 |
130.00 |
Semi Soft |
74.50 |
74.50 |
75.25 |
91.50 |
88.50 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
206.00 |
272.00 |
250.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
July 18, 2014 |
July 17, 2014 |
July 11, 2014 |
January 21, 2014 |
July 17, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.00 |
13.50 |
13.50 |
15.50 |
15.60 |
South Africa (RBCT) to India (East Coast) |
14.75 |
14.25 |
14.50 |
15.75 |
15.90 |
Indonesia (Kalimantan) to India (West Coast) |
8.70 |
8.50 |
8.80 |
9.20 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
7.80 |
7.60 |
7.80 |
8.25 |
8.70 |
Australia to India |
14.30 |
14.30 |
- |
16.50 |
16.50 |
Source: Traders & ICMW data base