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
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New UserWeak trend in international coal markets
28 Aug 2014
August 28: A weak trend was seen in international coal markets on August 27 as prices of both South African and Australian steam coal softened on lack of demand, market sources said.
Earlier, it was expected that coal prices might firm up a bit in view of the increased enquires from major buyers, including Indian companies.
Following are the indicative prices of coal in various markets and indicative freight rates on August 27:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
August 27, 2014 |
August 26, 2014 |
August 20, 2014 |
February 28, 2014 |
August 28, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
68.75 |
69.50 |
69.00 |
75.50 |
72.25 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
62.50 |
62.25 |
63.90 |
63.00 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
69.20 |
69.60 |
68.25 |
77.75 |
76.40 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
63.60 |
63.75 |
70.00 |
69.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.40 |
50.00 |
50.00 |
56.25 |
57.00 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.50 |
36.50 |
36.50 |
38.20 |
41.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.00 |
32.00 |
35.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.00 |
113.00 |
112.00 |
121.00 |
148.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.00 |
112.00 |
111.00 |
119.50 |
147.00 |
|
Semi Soft |
|
76.90 |
76.50 |
74.00 |
83.75 |
101.00 |
|
Met Coke (CFR India) |
|
190.00 |
190.00 |
188.00 |
246.00 |
257.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
August 27, 2014 |
August 26, 2014 |
August 20, 2014 |
February 28, 2014 |
August 28, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
15.80 |
15.80 |
17.40 |
17.00 |
14.70 |
|
South Africa (RBCT) to India (East Coast) |
16.50 |
16.50 |
17.90 |
17.50 |
15.25 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.20 |
10.50 |
10.50 |
11.40 |
10.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.30 |
9.50 |
9.40 |
10.00 |
8.90 |
|
Australia to India |
14.50 |
14.50 |
15.50 |
18.00 |
16.50 |
Source: Traders & ICMW data base