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 UserGlobal steam coal prices ease further
15 Oct 2014
October 15: Seaborne steam coal prices weakened further in international markets on October 14 as miners remained concerned about the implication of China’s new import tariffs, traders said.
“The Chinese move implies miners will have to cut prices to stay competitive for their Chinese buyers,” a trading source said.
There was, however, a marginal increase in coking coal prices.
Following are the indicative prices of coal in various markets and indicative freight rates on October 14:
|
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
October 14, 2014 |
October 13, 2014 |
October 7, 2014 |
April 19, 2014 |
October 14, 2013 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
64.75 |
65.00 |
66.00 |
- |
77.40 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
57.25 |
57.50 |
57.90 |
- |
60.25 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
63.60 |
63.70 |
64.75 |
- |
78.65 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
62.20 |
62.25 |
63.50 |
- |
67.25 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
49.25 |
49.30 |
49.80 |
- |
54.20 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.30 |
36.30 |
36.50 |
- |
39.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.80 |
29.80 |
30.50 |
- |
33.50 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
111.75 |
111.50 |
112.00 |
- |
149.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.00 |
109.80 |
110.50 |
- |
147.50 |
|
Semi Soft |
77.25 |
77.60 |
76.75 |
- |
96.00 |
|
|
Met Coke (CFR India) |
197.00 |
197.00 |
192.50 |
- |
266.00 |
|
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
October 14, 2014 |
October 13, 2014 |
October 7, 2014 |
April 19, 2014 |
October 14, 2013 |
|
|
South Africa (RBCT) to India (West Coast) |
15.25 |
15.25 |
15.25 |
- |
19.00 |
|
South Africa (RBCT) to India (East Coast) |
16.00 |
16.00 |
15.90 |
- |
19.50 |
|
Indonesia (Kalimantan) to India (West Coast) |
10.00 |
10.00 |
10.60 |
- |
14.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
8.90 |
8.90 |
9.10 |
- |
12.45 |
|
Australia to India |
15.70 |
15.70 |
15.60 |
- |
21.50 |
Source: Traders and ICMW database