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New UserUpbeat trend in SA, Australian steam coal prices
25 Nov 2014
November 25: The upward trend in prices of South African and Australian origin steam coal continued on November 24 after a brief pause on November 21 largely on account of increased bids, market sources said.
However, Indonesian coal prices remained subdued amidst ample availability, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on November 24:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
November 24, 2014 |
November 21, 2014 |
November 17, 2014 |
May 25, 2014 |
November 25, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
66.50 |
65.90 |
65.90 |
- |
84.20 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
58.00 |
57.75 |
57.00 |
- |
66.25 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
64.20 |
64.00 |
63.80 |
- |
82.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
60.25 |
60.25 |
60.60 |
- |
68.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.60 |
48.60 |
48.80 |
- |
55.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.00 |
36.00 |
36.00 |
- |
38.75 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.10 |
29.10 |
29.10 |
- |
32.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.50 |
112.50 |
112.50 |
- |
139.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.00 |
111.00 |
- |
137.50 |
|
Semi Soft |
77.00 |
77.00 |
77.30 |
- |
97.50 |
|
|
Met Coke (CFR India) |
197.00 |
197.00 |
197.00 |
- |
274.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
November 24, 2014 |
November 21, 2014 |
November 17, 2014 |
May 25, 2014 |
November 25, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
14.75 |
14.75 |
15.10 |
- |
16.25 |
|
South Africa (RBCT) to India (East Coast) |
15.40 |
15.40 |
15.60 |
- |
16.75 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.50 |
10.50 |
10.90 |
- |
11.60 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.00 |
9.00 |
9.30 |
- |
10.00 |
|
Australia to India |
15.50 |
15.50 |
15.25 |
- |
17.50 |
Source: Traders and ICMW database