Stable trend in international coal prices
15 Apr 2014
April 15: A stable trend prevailed in international coal prices on April 14 as rates remained largely unchanged on lack of any major buying interest, industry sources said.
With majority of consumers in India having largely concluded deals for deliveries during monsoon, not much interest is left in the market from the Indian side, they said.
Government companies too are deferring their imported coal procurement plans in view of the ongoing general elections, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on April 14:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 14, 2014 |
April 11, 2014 |
April 7, 2014 |
October 15, 2013 |
April 15, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
76.50 |
76.40 |
75.50 |
77.60 |
83.10 |
South African Steam Coal |
5500 Kcal/kg NAR |
65.10 |
65.25 |
65.00 |
60.25 |
- |
Australian Steam Coal |
6300 Kcal/kg GAR |
73.60 |
73.60 |
73.60 |
78.75 |
89.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.00 |
67.00 |
67.50 |
67.20 |
74.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
54.80 |
54.80 |
54.50 |
54.20 |
58.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
3,680.00 |
36.80 |
37.50 |
39.00 |
41.75 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.80 |
31.80 |
32.25 |
33.50 |
35.60 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
110.00 |
149.00 |
152.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.00 |
109.00 |
147.50 |
151.00 |
Semi Soft |
|
84.50 |
84.50 |
82.00 |
96.00 |
108.00 |
Met Coke (CFR India) |
|
208.00 |
208.00 |
204.00 |
266.00 |
288.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 14, 2014 |
April 11, 2014 |
April 7, 2014 |
October 15, 2013 |
April 15, 2013 |
|
South Africa (RBCT) to India (West Coast) |
14.50 |
14.60 |
15.00 |
19.10 |
15.70 |
South Africa (RBCT) to India (East Coast) |
15.00 |
15.10 |
15.50 |
19.60 |
16.70 |
Indonesia (Kalimantan) to India (West Coast) |
9.20 |
9.25 |
9.80 |
14.10 |
10.20 |
Indonesia (Kalimantan) to India (East Coast) |
8.20 |
8.25 |
8.50 |
12.50 |
9.10 |
Australia to India |
15.75 |
16.00 |
16.80 |
21.50 |
16.50 |
Source: Traders & ICMW data base