Indonesia coal prices soften, others firm up marginally
08 Aug 2014
August 8: Indonesian coal prices softened a bit on August 7 on lack of demand from India and China but South African and Australian steam coal prices firmed up a bit on anticipation of higher demand, market sources said.
Coking coal prices too firmed up a bit along with metallurgical coke prices, which had fallen sharply during the past few days, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on August 7:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
August 7, 2014 |
August 6, 2014 |
July 31, 2014 |
February 7, 2014 |
August 8, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
71.60 |
71.25 |
70.75 |
83.25 |
71.60 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.20 |
62.00 |
62.70 |
66.50 |
64.80 |
Australian Steam Coal |
6300 Kcal/kg GAR |
69.00 |
68.80 |
67.50 |
75.80 |
78.40 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.90 |
64.00 |
64.50 |
70.25 |
69.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
49.60 |
49.70 |
49.80 |
56.80 |
57.40 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.40 |
36.50 |
36.00 |
38.75 |
42.25 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.00 |
30.00 |
30.15 |
31.90 |
36.40 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
114.00 |
113.50 |
112.50 |
127.00 |
136.70 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
113.00 |
112.00 |
111.00 |
126.00 |
134.60 |
Semi Soft |
74.25 |
74.25 |
72.75 |
88.25 |
95.60 |
|
Met Coke (CFR India) |
193.00 |
190.00 |
205.00 |
257.00 |
245.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
August 7, 2014 |
August 6, 2014 |
July 31, 2014 |
February 7, 2014 |
August 8, 2013 |
|
South Africa (RBCT) to India (West Coast) |
16.00 |
16.30 |
16.00 |
15.50 |
15.40 |
South Africa (RBCT) to India (East Coast) |
16.40 |
16.75 |
16.25 |
15.80 |
15.85 |
Indonesia (Kalimantan) to India (West Coast) |
9.60 |
9.80 |
9.70 |
9.20 |
9.70 |
Indonesia (Kalimantan) to India (East Coast) |
8.30 |
8.50 |
8.40 |
8.40 |
8.40 |
Australia to India |
13.30 |
13.30 |
14.00 |
15.75 |
16.00 |
Source: Traders & ICMW data base