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New UserWeak trend persists in international coal markets
28 Oct 2014
October 28: A weak trend prevailed in international coal markets on October 27 amidst limited demand and ample availability, market sources said.
Prices of South African and Australian steam coal softened by $0.30 and $0.35 per ton respectively, but Indonesian rates remained stable, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on October 27:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
October 27, 2014 |
October 24, 2014 |
October 20, 2014 |
April 28, 2014 |
October 28, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
66.60 |
66.90 |
65.00 |
77.30 |
86.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
58.25 |
58.50 |
57.00 |
70.60 |
64.60 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
63.40 |
63.75 |
62.75 |
73.50 |
82.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
61.50 |
61.50 |
61.60 |
66.60 |
66.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
48.50 |
48.50 |
48.60 |
55.00 |
54.20 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
35.75 |
35.75 |
36.00 |
36.90 |
38.60 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.50 |
29.50 |
29.50 |
31.25 |
33.00 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
109.50 |
109.50 |
111.00 |
113.00 |
148.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
107.50 |
108.00 |
109.00 |
112.00 |
146.00 |
|
Semi Soft |
78.25 |
78.25 |
78.75 |
80.80 |
97.25 |
|
|
Met Coke (CFR India) |
195.00 |
195.00 |
198.00 |
215.00 |
272.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
October 27, 2014 |
October 24, 2014 |
October 20, 2014 |
April 28, 2014 |
October 28, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
16.00 |
15.75 |
16.25 |
14.50 |
18.00 |
|
South Africa (RBCT) to India (East Coast) |
16.90 |
16.70 |
17.25 |
15.20 |
18.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.50 |
11.00 |
11.00 |
9.50 |
13.25 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.75 |
9.75 |
9.70 |
8.50 |
11.75 |
|
Australia to India |
16.25 |
16.25 |
16.50 |
16.20 |
20.00 |
Source: Traders and ICMW database