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Coal news and updates

Coal prices remain firm

25 Oct 2013

October 25: The spot prices of steam coal continued to remain firm in international markets on October 24, industry sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on October 24:


Description of Coal

Specification

Price/ton (in $ and FOB) as on Oct 24, 2013

Price/ton (in $ and FOB) as on Oct 23, 2013

Week Ago Price/ton (in $ and FOB) Oct 17, 2013

6-month ago Price/ton (in $ and FOB) Apr 25, 2013

Year Ago Price/ton (in $ and FOB) Oct 25, 2012

South African Steam Coal

6000 Kcal/kg NAR

84.50

84.25

     77.00

81.60

79.50

South African Steam Coal

 5500 Kcal/kg NAR

63.50

63.50

61.50

NA

NA

Australian Steam Coal

6300 Kcal/kg GAR

82.25

82.00

78.50

85.50

81.50

Indonesian Steam Coal

5900 Kcal/kg GAR

66.80

66.80

66.80

73.50

70.50

Indonesian Steam Coal

5000 Kcal/kg GAR

54.20

54.20

54.20

60.00

54.40

Indonesian Steam Coal

4200 Kcal/kg GAR

38.75

38.75

38.50

42.50

37.80

Indonesian Steam Coal

3800 Kcal/kg GAR

33.10

33.10

33.15

36.00

33.00

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

146.50

146.50

148.00

149.50

146.50

Premium Low Vol

VM-21.5%, Ash-9.3%

145.00

145.00

146.00

148.50

146.75

Semi Soft

 

96.00

 96.00

95.50

104.00

98.00

Met Coke (CFR India)

 

272.00

 272.00

266.00

280.00

315.00


Freight Rate:

Destination

As on Oct 24, 2013 (in $/ton)

As on Oct 23, 2013 (in $/ton)

Week Ago Oct 17, 2013 (in $/ton)

6-month Ago Apr 25, 2013 (in $/ton)

Year Ago Oct 25, 2012 (in $/ton)

South Africa (RBCT) to India (West Coast)

18.80

18.80

19.00

15.50

14.00

South Africa (RBCT) to India (East Coast)

19.50

19.50

19.60

16.20

15.30

Indonesia (Kalimantan) to India (West Coast)

13.80

13.80

14.00

10.50

9.60

Indonesia (Kalimantan) to India (East Coast)

12.30

12.30

12.50

9.40

8.50

Australia to India

20.00

20.00

21.50

17.00

NA

Source: ICMW (Traders)