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New UserWeak trend extends in international coal markets
02 Jan 2015
January 2: Spot prices of steam coal in international markets remained weak on January 1, 2015 amidst continued absence of bids and offers due to the ongoing holiday, market sources said.
A clear picture about market trends would from next week as participants come back from their vacation, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on January 1:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
January 1, 2015 |
December 31, 2014 |
December 25, 2014 |
July 2, 2014 |
January 2, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
63.75 |
63.75 |
65.20 |
73.80 |
85.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
54.60 |
54.60 |
56.10 |
65.10 |
68.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
65.10 |
65.30 |
65.75 |
69.60 |
85.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.50 |
59.50 |
59.60 |
66.00 |
70.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.80 |
47.80 |
48.10 |
53.25 |
57.70 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
35.40 |
35.40 |
35.40 |
36.90 |
38.25 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
28.80 |
28.80 |
28.80 |
30.90 |
32.20 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.50 |
111.00 |
111.00 |
112.00 |
131.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
110.00 |
109.75 |
111.00 |
130.00 |
|
Semi Soft |
81.00 |
80.75 |
79.00 |
77.00 |
91.50 |
|
|
Met Coke (CFR India) |
200.00 |
200.00 |
200.00 |
206.00 |
272.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
January 1, 2015 |
December 31, 2014 |
December 25, 2014 |
July 2, 2014 |
January 2, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
12.00 |
12.20 |
12.50 |
13.75 |
17.30 |
|
South Africa (RBCT) to India (East Coast) |
12.40 |
12.60 |
13.00 |
14.75 |
17.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
7.80 |
7.80 |
8.10 |
8.75 |
11.70 |
|
Indonesia (Kalimantan) to India (East Coast) |
7.20 |
7.20 |
7.25 |
7.25 |
10.25 |
|
Australia to India |
10.90 |
11.00 |
11.30 |
14.50 |
18.50 |
Source: Traders and ICMW database