Steam coal prices inch up in international markets
01 Jul 2014
July 1: The spot steam coal prices showed marginal gains on increased enquiry in the international markets on June 30, market sources said.
Indonesian coal prices however displayed a mixed performance.
Following are the indicative prices of coal in various markets and indicative freight rates on June 30:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
June 30, |
June 27, |
June 23, |
January 3, |
June 28, |
||
South African Steam Coal |
6000 Kcal/kg NAR |
74.25 |
74.00 |
74.50 |
84.25 |
73.25 |
South African Steam Coal |
5500 Kcal/kg NAR |
64.75 |
64.00 |
64.80 |
68.50 |
67.50 |
Australian Steam Coal |
6300 Kcal/kg GAR |
70.10 |
69.50 |
70.00 |
84.60 |
79.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
66.25 |
66.25 |
66.60 |
70.50 |
72.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
53.50 |
54.00 |
54.50 |
57.80 |
60.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.70 |
37.00 |
37.10 |
38.25 |
43.40 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.90 |
31.00 |
31.10 |
32.20 |
36.90 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
111.00 |
111.00 |
133.00 |
131.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
110.00 |
110.00 |
131.50 |
130.00 |
Semi Soft |
76.50 |
77.00 |
77.50 |
92.00 |
94.50 |
|
Met Coke (CFR India) |
206.00 |
206.00 |
214.00 |
272.00 |
255.00 |
Freight Rate:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
June 30, |
June 27, |
June 23, |
January 3, |
June 28, |
|
South Africa (RBCT) to India (West Coast) |
13.00 |
13.10 |
13.50 |
16.75 |
14.50 |
South Africa (RBCT) to India (East Coast) |
14.00 |
12.25 |
12.70 |
17.00 |
14.80 |
Indonesia (Kalimantan) to India (West Coast) |
8.50 |
8.00 |
8.50 |
11.25 |
9.70 |
Indonesia (Kalimantan) to India (East Coast) |
7.10 |
7.10 |
7.40 |
9.75 |
8.20 |
Australia to India |
13.80 |
13.60 |
14.00 |
17.50 |
14.50 |
Source: Traders & ICMW data base