Spot S African coal prices firm amidst limited deals
29 Dec 2015
Spot prices of South African origin steam coal remained firm on December 28 amidst limited deals in the absence of participation due to the ongoing holidays, market sources said.
Similarly, freight rates too moved sideways.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on December 28:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
December 28, 2015 |
December 24, 2015 |
December 21, 2015 |
June 29, 2015 |
December 29, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
50.50 |
50.00 |
49.60 |
59.25 |
65.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
40.50 |
40.00 |
39.70 |
51.60 |
56.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
52.75 |
52.75 |
52.25 |
59.30 |
65.70 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.80 |
47.80 |
47.80 |
52.25 |
59.60 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.20 |
37.20 |
37.30 |
41.60 |
48.10 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.40 |
26.40 |
26.50 |
29.70 |
35.40 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.30 |
20.30 |
20.30 |
24.40 |
28.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
75.50 |
75.00 |
89.00 |
110.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.50 |
75.00 |
74.50 |
88.00 |
109.00 |
Semi Soft |
|
62.50 |
62.00 |
61.50 |
70.25 |
79.00 |
Met Coke (CFR India) |
|
118.00 |
120.00 |
120.00 |
NA |
200.00 |
Freight Rates
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
December 28, 2015 |
December 24, 2015 |
December 21, 2015 |
June 29, 2015 |
December 29, 2014 |
|
South Africa (RBCT) to India (West Coast) |
6.40 |
6.40 |
6.40 |
10.50 |
12.35 |
South Africa (RBCT) to India (East Coast) |
6.50 |
6.50 |
6.50 |
10.75 |
12.80 |
Indonesia (Kalimantan) to India (West Coast) |
4.30 |
4.30 |
4.30 |
7.20 |
8.00 |
Indonesia (Kalimantan) to India (East Coast) |
3.50 |
3.50 |
3.50 |
5.70 |
7.10 |
Australia to India |
6.70 |
6.70 |
6.70 |
11.30 |
11.10 |
Sources: Traders and ICMW database