APMDC Suliyari Coal Upcoming MP MSME auction 1,05,000 MT @SBP INR 2730 on 1st May 2024 & PAN INDIA MSME on 2ND May 2024 2,00,000MT@ SBP 2730.
Registered User
New UserAustralian steam coal prices climb up further
11 Nov 2014
November 11: Spot prices of Australian steam coal rose further despite there being not much improvement in enquiries amidst a stable trend in South African rates, market sources said.
Indonesian coal rates too remained largely unchanged despite reports of ample availability and limited bids as buyers expect a decline in prices, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on November 10:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
November 10, 2014 |
November 7, 2014 |
November 3, 2014 |
May 11, 2014 |
November 11, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
63.70 |
63.50 |
63.30 |
- |
81.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
55.20 |
55.20 |
55.20 |
- |
65.60 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
62.40 |
61.75 |
61.25 |
- |
81.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
61.40 |
61.40 |
61.40 |
- |
67.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
49.60 |
49.10 |
48.70 |
- |
54.40 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.00 |
36.00 |
36.00 |
- |
38.50 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.50 |
29.50 |
29.50 |
- |
32.70 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.50 |
110.00 |
109.00 |
- |
146.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
109.00 |
107.50 |
- |
144.00 |
|
Semi Soft |
76.25 |
76.25 |
76.50 |
- |
96.50 |
|
|
Met Coke (CFR India) |
197.00 |
197.00 |
197.00 |
- |
274.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
November 10, 2014 |
November 7, 2014 |
November 3, 2014 |
May 11, 2014 |
November 11, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
15.25 |
15.50 |
16.50 |
- |
16.70 |
|
South Africa (RBCT) to India (East Coast) |
15.75 |
16.00 |
16.80 |
- |
17.20 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.20 |
11.25 |
11.80 |
- |
11.90 |
|
Indonesia (Kalimantan) to India (East Coast) |
9.70 |
9.75 |
10.30 |
- |
10.50 |
|
Australia to India |
17.00 |
17.00 |
17.50 |
- |
18.00 |
Source: Traders and ICMW database