Spot steam coal rates largely flat in global markets
24 Jul 2014
July 24: Spot steam coal prices in the international markets showed a flat trend on July 23 amid a lacklustre demand scenario, market sources said.
South African steam coal prices were slightly up on reports that supply from Russia may be affected. However, reports that China is going to shut its large coal-fired power plants to mitigate pollution may result in further weakness, the sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on July 23:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
July 23, 2014 |
July 22, 2014 |
July 16, 2014 |
January 27, 2014 |
July 23, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
70.00 |
69.90 |
69.75 |
82.60 |
72.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
63.10 |
63.00 |
63.60 |
65.70 |
65.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
67.20 |
67.20 |
68.50 |
81.15 |
77.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
64.60 |
64.60 |
65.30 |
69.75 |
69.30 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.25 |
50.25 |
51.40 |
56.60 |
57.30 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.35 |
36.35 |
36.70 |
38.00 |
42.25 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.15 |
30.15 |
30.40 |
31.75 |
36.25 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.50 |
112.50 |
112.00 |
127.00 |
133.75 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.00 |
111.00 |
125.00 |
132.00 |
Semi Soft |
74.50 |
74.50 |
75.00 |
87.00 |
89.00 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
206.00 |
265.00 |
247.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
July 23, 2014 |
July 22, 2014 |
July 16, 2014 |
January 27, 2014 |
July 23, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.35 |
14.25 |
13.30 |
15.90 |
15.75 |
South Africa (RBCT) to India (East Coast) |
15.35 |
15.25 |
14.40 |
16.25 |
16.00 |
Indonesia (Kalimantan) to India (West Coast) |
8.70 |
8.70 |
8.80 |
9.25 |
10.00 |
Indonesia (Kalimantan) to India (East Coast) |
7.80 |
7.80 |
7.80 |
8.25 |
8.70 |
Australia to India |
14.30 |
14.30 |
14.30 |
16.50 |
16.50 |
Source: Traders & ICMW data base