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 persists in international coal markets
04 Dec 2015
India Coal Market Watch
December 3: South African coal prices softened further amidst weak enquiries even as little change was witnessed in Indonesian and Australian offers, market sources said.
The bids are still not forthcoming from Indian companies who, all along, expected prices to soften.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on December 2:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
December 2, 2015 |
December 1, 2015 |
November 25, 2015 |
June 3, 2015 |
December 3, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
55.50 |
55.75 |
58.00 |
63.00 |
66.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
40.40 |
40.80 |
41.00 |
53.25 |
56.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
51.75 |
51.75 |
52.60 |
59.20 |
62.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.90 |
47.90 |
47.90 |
53.50 |
60.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.40 |
37.25 |
37.00 |
43.10 |
48.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.00 |
26.00 |
26.40 |
31.00 |
36.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.90 |
19.90 |
19.80 |
25.00 |
29.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
72.80 |
72.80 |
73.70 |
84.25 |
112.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.00 |
72.00 |
73.00 |
83.50 |
110.75 |
|
Semi Soft |
|
61.00 |
61.00 |
61.25 |
66.00 |
78.00 |
|
Met Coke (CFR India) |
|
123.00 |
123.00 |
127.00 |
160.00 |
198.00 |
Freight Rate
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
December 2, 2015 |
December 1, 2015 |
November 25, 2015 |
June 3, 2015 |
December 3, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
6.70 |
6.70 |
6.40 |
8.90 |
14.25 |
|
South Africa (RBCT) to India (East Coast) |
6.90 |
6.90 |
6.50 |
8.80 |
15.10 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.10 |
5.10 |
5.00 |
6.60 |
10.10 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.20 |
4.25 |
3.90 |
5.60 |
8.80 |
|
Australia to India |
7.25 |
7.50 |
7..20 |
10.20 |
14.80 |
Source: Traders and ICMW database