APMDC Suliyari coal upcoming auction 1,00,000 MT for PAN India MSMEs on 21st April 2025 @2520 per MT
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New UserFurther softness seen in South African coal prices
29 May 2014
May 29: Lack of Chinese interest led to further softness in South African spot steam coal prices on May 28, market sources said.
Select grades of Indonesian coal prices too softened due to the same reasons, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on May 28:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
May 28, 2014 |
May 27, 2014 |
May 21, 2014 |
November 29, 2013 |
May 29, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
76.50 |
76.75 |
76.20 |
82.50 |
82.40 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
67.40 |
67.50 |
68.90 |
67.20 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
74.00 |
74.00 |
74.00 |
83.00 |
88.00 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
67.20 |
67.20 |
67.00 |
68.50 |
73.60 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
55.60 |
55.80 |
56.00 |
56.00 |
60.40 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.40 |
37.50 |
37.50 |
38.50 |
42.85 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
31.40 |
31.50 |
31.40 |
32.50 |
36.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
113.00 |
113.00 |
136.50 |
138.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
112.00 |
112.00 |
112.00 |
134.50 |
137.00 |
|
Semi Soft |
79.50 |
79.50 |
81.00 |
94.00 |
98.00 |
|
|
Met Coke (CFR India) |
218.00 |
218.00 |
220.00 |
274.00 |
266.00 |
|
Freight Rate:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
May 28, 2014 |
May 27, 2014 |
May 21, 2014 |
November 29, 2013 |
May 29, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
13.80 |
14.00 |
14.50 |
16.75 |
14.00 |
|
South Africa (RBCT) to India (East Coast) |
14.60 |
14.80 |
15.50 |
17.25 |
14.25 |
|
Indonesia (Kalimantan) to India (West Coast) |
9.70 |
9.50 |
9.50 |
12.00 |
8.50 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.60 |
8.60 |
8.80 |
10.40 |
7.50 |
|
Australia to India |
15.60 |
15.50 |
15.75 |
18.00 |
15.50 |
Source: Traders & ICMW data base