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 UserWeak trend in international coal markets
01 Aug 2014
August 1: International coal prices softened further on July 31 amidst weak demand and indications that supplies from Ukraine and Russia to European countries may not be affected the way previously expected, market sources said.
Another round of price cuts announced by China’s leading coal miner also affected prices amidst the absence of demand from Indian and Chinese companies for imported coal, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on July 31:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
July 31, 2014 |
July 30, 2014 |
July 24, 2014 |
January 31, 2014 |
August 1, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
70.75 |
71.25 |
70.25 |
80.75 |
71.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.70 |
63.00 |
63.10 |
66.25 |
64.75 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
67.50 |
68.50 |
67.30 |
80.90 |
78.40 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
64.50 |
64.75 |
64.60 |
71.20 |
69.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
49.80 |
50.00 |
50.25 |
57.35 |
57.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.00 |
36.00 |
36.35 |
38.00 |
42.25 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.15 |
30.15 |
30.15 |
31.60 |
36.40 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.50 |
113.00 |
112.50 |
126.00 |
136.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.00 |
111.50 |
111.00 |
125.00 |
134.00 |
|
Semi Soft |
72.75 |
72.50 |
74.50 |
87.75 |
95.00 |
|
|
Met Coke (CFR India) |
205.00 |
202.00 |
206.00 |
265.00 |
245.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
July 31, 2014 |
July 30, 2014 |
July 24, 2014 |
January 31, 2014 |
August 1, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
16.00 |
16.00 |
14.85 |
16.20 |
15.25 |
|
South Africa (RBCT) to India (East Coast) |
16.25 |
16.40 |
15.85 |
16.50 |
15.75 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.70 |
9.45 |
9.50 |
9.80 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.40 |
8.60 |
7.90 |
8.50 |
8.50 |
|
Australia to India |
14.00 |
14.25 |
14.30 |
16.75 |
16.00 |
Source: Traders & ICMW data base