Stable trend after steep fall
11 Jun 2014
June 11: A stable trend was witnessed in international coal markets on June 10 after a sharp decline in select varieties a day before, market sources said.
Overall buying interest remained subdued, but select varieties of Indonesian coal witnessed some enquiries from Indian buyers, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on June 10:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 10, 2014 |
June 9, 2014 |
June 3, 2014 |
December 11, 2013 |
June 11, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
74.50 |
74.50 |
76.10 |
85.20 |
77.80 |
South African Steam Coal |
5500 Kcal/kg NAR |
66.25 |
66.25 |
67.00 |
68.50 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
71.75 |
71.75 |
73.00 |
84.75 |
83.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.10 |
69.50 |
73.30 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.50 |
55.25 |
55.40 |
57.00 |
60.25 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.50 |
37.50 |
37.30 |
38.75 |
43.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.25 |
31.25 |
31.40 |
32.80 |
36.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.00 |
114.50 |
113.50 |
135.00 |
136.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.50 |
113.00 |
112.00 |
133.50 |
135.25 |
Semi Soft |
77.80 |
77.50 |
76.40 |
92.00 |
97.50 |
|
Met Coke (CFR India) |
214.00 |
214.00 |
212.00 |
272.00 |
265.00 |
Freight Rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 10, 2014 |
June 9, 2014 |
June 3, 2014 |
December 11, 2013 |
June 11, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.00 |
14.00 |
13.50 |
18.00 |
13.80 |
South Africa (RBCT) to India (East Coast) |
13.80 |
14.25 |
14.20 |
18.50 |
14.10 |
Indonesia (Kalimantan) to India (West Coast) |
9.10 |
9.25 |
9.70 |
13.00 |
8.50 |
Indonesia (Kalimantan) to India (East Coast) |
8.00 |
8.30 |
8.50 |
11.40 |
7.30 |
Australia to India |
14.80 |
15.00 |
15.50 |
19.00 |
14.50 |
Source: Traders & ICMW data base