Steam coal prices remain flat
25 Sep 2013
September 25: There was not much movement in spot steam coal prices in the international markets on September 24, market sources said.
Prices of South African coal (6,000 NAR) moved sideways while Australian steam coal (6,300 GAR) prices moved up slightly on expectations of higher Chinese demand, sources added. Indonesian coal prices were unchanged from the previous close.
Following are the indicative prices of coal in various markets and indicative freight rates on September 24:
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Sep 24, 2013 |
Price/ton (in $ and FOB) as on Sep 23, 2013 |
Week Ago Price/ton (in $ and FOB) Sep 17, 2013 |
6-month ago Price/ton (in $ and FOB) Mar 25, 2013 |
Year Ago Price/ton (in $ and FOB) Sep 25, 2012 |
South African Steam Coal |
6000 Kcal/kg NAR |
73.30 |
73.30 |
71.40 |
80.80 |
83.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.00 |
62.00 |
62.90 |
NA |
NA |
Australian Steam Coal |
6300 Kcal/kg GAR |
77.50 |
77.40 |
77.00 |
93.50 |
84.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
68.30 |
68.30 |
68.40 |
75.70 |
72.80 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.80 |
55.80 |
56.00 |
60.10 |
57.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
39.40 |
39.40 |
39.65 |
41.80 |
39.50 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
33.70 |
33.70 |
33.80 |
35.60 |
33.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
154.10 |
154.00 |
153.00 |
156.50 |
140.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
152.00 |
152.00 |
151.00 |
155.00 |
140.50 |
Semi Soft |
98.60 |
98.50 |
98.00 |
112.50 |
94.50 |
|
Met Coke (CFR India) |
270.00 |
270.00 |
268.00 |
296.00 |
317.00 |
Freight Rate:
Destination |
As on Sep 24, 2013 (in $/ton) |
As on Sep 23, 2013 (in $/ton) |
Week Ago Sep 17, 2013 (in $/ton) |
6-month Ago Mar 25, 2013 (in $/ton) |
Year Ago Sep 25, 2012 (in $/ton) |
South Africa (RBCT) to India (West Coast) |
16.50 |
16.50 |
16.00 |
16.20 |
13.20 |
South Africa (RBCT) to India (East Coast) |
17.25 |
17.25 |
16.50 |
17.20 |
14.30 |
Indonesia (Kalimantan) to India (West Coast) |
12.25 |
12.25 |
11.50 |
10.95 |
8.30 |
Indonesia (Kalimantan) to India (East Coast) |
10.80 |
10.80 |
10.25 |
9.90 |
7.60 |
Australia to India |
18.50 |
18.50 |
NA |
17.50 |
NA |
Source: ICMW (Traders)