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.
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New UserFirmness sustains in international coal markets
21 Nov 2013
November 21: Spot prices of coal in the international markets continued to firm up on increased enquiries from India, industry sources said.
After waiting for a considerable period, it appears that Indian companies, particularly cement makers, are finally taking decisions to procure coal, they said.
The recent tenders floated by NTPC and CIL to procure a total of around 12 million tons of coal appear to have led to a firmness in prices, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on November 20:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) as on Nov 20, 2013 |
Price/ton (in $ and FOB) as on Nov 19, 2013 |
Week Ago Price/ton (in $ and FOB) Nov 13, 2013 |
6-month ago Price/ton (in $ and FOB) May 21, 2013 |
Year Ago Price/ton (in $ and FOB) Nov 21, 2012 |
|
South African Steam Coal |
6000 Kcal/kg NAR |
82.60 |
81.70 |
NA |
82.50 |
87.25 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
66.60 |
66.20 |
NA |
NA |
NA |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
82.25 |
81.75 |
NA |
89.00 |
88.25 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.50 |
67.30 |
NA |
72.60 |
69.70 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.10 |
54.90 |
NA |
60.60 |
55.10 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
38.75 |
38.50 |
NA |
43.00 |
38.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
32.50 |
32.50 |
NA |
37.00 |
33.10 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
142.50 |
143.00 |
NA |
141.00 |
161.25 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
140.50 |
141.00 |
NA |
140.00 |
161.00 |
|
Semi Soft |
|
97.00 |
96.50 |
NA |
99.75 |
112.00 |
|
Met Coke (CFR India) |
|
275.00 |
275.00 |
NA |
270.00 |
304.00 |
Freight Rate:
|
Destination |
As on Nov 20, 2013 (in $/ton) |
As on Nov 19, 2013 (in $/ton) |
Week Ago Nov 13, 2013 (in $/ton) |
6-month Ago May 21, 2013 (in $/ton) |
Year Ago Nov 21, 2012 (in $/ton) |
|
South Africa (RBCT) to India (West Coast) |
16.00 |
16.00 |
NA |
14.50 |
14.50 |
|
South Africa (RBCT) to India (East Coast) |
16.50 |
16.50 |
NA |
15.00 |
15.70 |
|
Indonesia (Kalimantan) to India (West Coast) |
11.60 |
11.60 |
NA |
8.50 |
10.30 |
|
Indonesia (Kalimantan) to India (East Coast) |
10.00 |
10.00 |
NA |
7.50 |
9.20 |
|
Australia to India |
17.00 |
17.00 |
NA |
15.50 |
NA |
Source: ICMW (Traders)