Stable trend in international coal markets
02 Sep 2014
September 2: A stable trend prevailed in international coal markets on September 1 and prices remained largely unchanged in the absence of major activities, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on September 1:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
September 1, 2014 |
August 29, 2014 |
August 25, 2014 |
March 3, 2014 |
September 2, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
69.80 |
69.75 |
69.50 |
75.75 |
71.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
62.50 |
62.40 |
64.10 |
62.25 |
Australian Steam Coal |
6300 Kcal/kg GAR |
68.25 |
68.25 |
69.00 |
77.50 |
75.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
63.60 |
63.60 |
70.00 |
68.60 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.50 |
50.50 |
50.00 |
56.25 |
56.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.50 |
36.70 |
38.20 |
40.00 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.00 |
32.25 |
34.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.25 |
113.25 |
113.00 |
121.00 |
151.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
119.00 |
149.00 |
Semi Soft |
76.00 |
76.00 |
75.50 |
84.00 |
101.00 |
|
Met Coke (CFR India) |
192.00 |
192.00 |
186.00 |
246.00 |
260.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
September 1, 2014 |
August 29, 2014 |
August 25, 2014 |
March 3, 2014 |
September 2, 2013 |
|
South Africa (RBCT) to India (West Coast) |
17.25 |
17.25 |
15.60 |
16.60 |
14.70 |
South Africa (RBCT) to India (East Coast) |
17.80 |
17.80 |
16.25 |
17.10 |
15.25 |
Indonesia (Kalimantan) to India (West Coast) |
10.80 |
10.80 |
10.50 |
11.10 |
10.10 |
Indonesia (Kalimantan) to India (East Coast) |
9.60 |
9.60 |
9.40 |
9.60 |
8.90 |
Australia to India |
14.80 |
14.75 |
14.80 |
17.50 |
16.50 |
Source: Traders & ICMW data base