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Little change in international coal prices

29 Oct 2014

October 29: Spot coal prices remained largely unchanged in international coal markets on October 28 amidst restricted demand, sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on October 28:

Description of Coal

Specification

Price/ton (in $ and FOB)

As on,

As on,

Week ago,

6-month ago,

Year ago,

October 28, 2014

October 27, 2014

October 21, 2014

April 29, 2014

October 29, 2013

South African Steam Coal

6000 Kcal/kg NAR

66.50

66.60

65.80

77.25

85.90

South African Steam Coal

5500 Kcal/kg NAR

58.25

58.25

56.90

70.50

64.60

Australian Steam Coal

6300 Kcal/kg GAR

63.25

63.40

62.00

73.50

82.50

Indonesian Steam Coal

5900 Kcal/kg GAR

61.50

61.50

61.60

66.50

66.50

Indonesian Steam Coal

5000 Kcal/kg GAR

48.50

48.50

48.60

55.00

53.75

Indonesian Steam Coal

4200 Kcal/kg GAR

35.75

35.75

35.90

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

110.50

113.00

147.50

Premium Low Vol

VM-21.5%, Ash-9.3%

107.50

107.50

109.00

112.00

146.00

Semi Soft

 

78.25

78.25

79.25

81.00

97.00

Met Coke (CFR India)

 

195.00

195.00

194.00

215.00

272.00

Freight Rate:

Destination

(in $/ton)

As on

As on

Week ago,

6-month ago,

Year ago,

October 28, 2014

October 27, 2014

October 21, 2014

April 29, 2014

October 29, 2013

South Africa (RBCT) to India (West Coast)

16.00

16.00

15.75

14.30

17.80

South Africa (RBCT) to India (East Coast)

16.90

16.90

16.75

15.10

18.30

Indonesia (Kalimantan) to India (West Coast)

11.50

11.50

10.75

9.50

13.00

Indonesia (Kalimantan) to India (East Coast)

9.75

9.75

9.50

8.40

11.50

Australia to India

16.25

16.25

16.25

16.00

18.50

Source: Traders and ICMW database