APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
Registered User
New UserStable trend seen in international coal markets
16 Feb 2016
A stable trend was witnessed in international coal markets on February 15 after a firmness in the previous session, market sources said.
A better demand amidst adequate supplies is restricting major fluctuation in prices, they said.
Freight rates also remained unchanged, they added.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on February 15:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
February 15, 2016 |
February 12, 2016 |
February 8, 2016 |
August 16, 2015 |
February 16, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
51.60 |
51.50 |
52.00 |
- |
67.20 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
39.75 |
39.50 |
38.50 |
- |
55.75 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.25 |
50.60 |
51.00 |
- |
61.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.00 |
46.50 |
46.00 |
- |
58.40 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.25 |
36.75 |
36.40 |
- |
47.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.10 |
26.00 |
26.10 |
- |
34.40 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.25 |
20.15 |
20.10 |
- |
27.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.50 |
76.50 |
76.00 |
- |
104.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.50 |
75.50 |
75.00 |
- |
103.00 |
|
Semi Soft |
|
62.25 |
62.25 |
62.00 |
- |
79.70 |
|
Met Coke (CFR India) |
|
120.00 |
120.00 |
116.00 |
- |
187.00 |
Freight Rates
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
February 15, 2016 |
February 12, 2016 |
February 8, 2016 |
August 16, 2015 |
February 16, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
5.45 |
5.45 |
5.50 |
- |
9.00 |
|
South Africa (RBCT) to India (East Coast) |
5.60 |
5.60 |
5.75 |
- |
9.30 |
|
Indonesia (Kalimantan) to India (West Coast) |
4.20 |
4.20 |
4.20 |
- |
6.25 |
|
Indonesia (Kalimantan) to India (East Coast) |
3.40 |
3.40 |
3.45 |
- |
4.75 |
|
Australia to India |
6.00 |
6.00 |
6.50 |
- |
9.50 |
Sources: Traders and ICMW database