APMDC Suliyari coal upcoming auction 1,25,000 MT for MP-MSMEs on 26th May 2025 @2533 per MT
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New UserEaster brings stability to international coal markets
24 Mar 2016
A stable trend prevailed in international coal markets on March 23 before the commencement of the holidays on account of Easter, trade sources said.
Indian participation too was not there on account of the holidays due to the Holi festival, they said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on March 23:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
March 23, 2016 |
March 22, 2016 |
March 16, 2016 |
September 24, 2015 |
March 24, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.00 |
- |
55.70 |
- |
59.60 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
43.80 |
- |
43.90 |
- |
51.20 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
54.15 |
- |
55.25 |
- |
56.50 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.00 |
- |
46.00 |
- |
60.90 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.30 |
- |
37.00 |
- |
47.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.30 |
- |
26.10 |
- |
33.80 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.75 |
- |
20.90 |
- |
27.20 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
80.75 |
- |
80.25 |
- |
100.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
79.75 |
- |
79.25 |
- |
99.25 |
|
Semi Soft |
|
65.60 |
- |
64.60 |
- |
76.10 |
|
Met Coke (CFR India) |
CSR 62 |
119.50 |
- |
119.00 |
- |
177.50 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
March 23, 2016 |
March 22, 2016 |
March 16, 2016 |
September 24, 2015 |
March 24, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
6.10 |
- |
6.10 |
- |
9.80 |
|
South Africa (RBCT) to India (East Coast) |
6.30 |
- |
6.30 |
- |
10.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.00 |
- |
5.00 |
- |
6.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.20 |
- |
4.30 |
- |
5.50 |
|
Australia to India |
6.70 |
- |
7.60 |
- |
10.00 |
Source: Traders and ICMW database