APMDC Suliyari coal upcoming auction 1,25,000 MT for MP-MSMEs on 26th May 2025 @2533 per MT
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New UserCoal prices largely flat in international markets
09 Mar 2016
Seaborne coal prices showed a flat trend in the international markets on March 8, trade sources said.
Steam coal prices, which gained value on Monday, moved sideways with minor changes in Australian- and Indonesian-origin coals.
In the coking coal market, reports that India’s steel consumption has declined in February, impacted sentiment.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on March 8:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
March 8, 2016 |
March 7, 2016 |
March 1, 2016 |
September 10, 2015 |
March 10, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.80 |
53.80 |
54.40 |
51.00 |
62.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
42.10 |
42.00 |
41.50 |
41.50 |
53.25 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
53.90 |
53.80 |
53.40 |
58.00 |
63.80 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
45.80 |
45.75 |
46.10 |
51.70 |
59.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
36.80 |
36.80 |
37.00 |
38.60 |
47.70 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.40 |
26.40 |
26.20 |
27.00 |
34.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.80 |
20.80 |
20.50 |
21.70 |
27.20 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
79.75 |
79.75 |
76.75 |
81.50 |
102.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
78.75 |
78.75 |
75.75 |
80.50 |
101.50 |
|
Semi Soft |
|
64.10 |
64.10 |
63.80 |
62.50 |
76.25 |
|
Met Coke (CFR India) |
|
116.00 |
116.00 |
114.00 |
143.00 |
180.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
March 8, 2016 |
March 7, 2016 |
March 1, 2016 |
September 10, 2015 |
March 10, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
6.10 |
6.10 |
5.60 |
8.60 |
9.50 |
|
South Africa (RBCT) to India (East Coast) |
6.30 |
6.30 |
6.00 |
8.70 |
10.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
4.60 |
4.60 |
4.30 |
6.25 |
6.60 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.00 |
4.00 |
3.65 |
5.40 |
5.50 |
|
Australia to India |
6.70 |
6.70 |
6.00 |
9.80 |
10.50 |
Sources: Traders and ICMW database