Further firmness seen in South African coal prices
14 Apr 2015
April 14: Spot prices of South African and Australian steam coal firmed up a little amidst reduced offerings by miners and suppliers on April 13 but overall sentiments remained weak, market sources said.
Indonesian prices remained on the weaker side amidst low bids, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on April 13:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
April 13, 2015 |
April 10, 2015 |
April 6, 2015 |
October 14, 2014 |
April 14, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
59.70 |
59.40 |
58.60 |
64.75 |
76.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
51.20 |
51.00 |
50.90 |
57.25 |
65.10 |
Australian Steam Coal |
6300 Kcal/kg GAR |
56.70 |
56.50 |
55.50 |
63.60 |
73.60 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
58.30 |
58.50 |
59.40 |
62.20 |
67.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
46.10 |
46.10 |
47.00 |
49.25 |
54.80 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
32.80 |
33.00 |
33.50 |
36.30 |
36.80 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
26.40 |
26.50 |
26.90 |
29.80 |
31.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
92.75 |
93.00 |
96.00 |
111.75 |
112.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
91.75 |
92.00 |
95.00 |
110.00 |
111.00 |
Semi Soft |
73.20 |
73.20 |
74.25 |
77.25 |
84.50 |
|
Met Coke (CFR India) |
172.50 |
172.50 |
175.00 |
197.00 |
208.00 |
Freight rates:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
April 13, 2015 |
April 10, 2015 |
April 6, 2015 |
October 14, 2014 |
April 14, 2014 |
|
South Africa (RBCT) to India (West Coast) |
9.00 |
9.00 |
9.30 |
15.25 |
14.50 |
South Africa (RBCT) to India (East Coast) |
9.00 |
9.00 |
9.40 |
16.00 |
15.00 |
Indonesia (Kalimantan) to India (West Coast) |
6.00 |
6.00 |
6.20 |
10.00 |
9.20 |
Indonesia (Kalimantan) to India (East Coast) |
5.00 |
5.00 |
5.20 |
8.90 |
8.20 |
Australia to India |
9.50 |
9.50 |
9.75 |
15.70 |
15.75 |
Source: Traders and ICMW database