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International coal prices move in narrow range

09 Oct 2013

October 9: International coal prices remained almost flat, with a few varieties showing a slight variation. Among them, standard South African 6,000 Kcal/kg NAR coal prices softened by 10 cents, while Australian steam coal of 6,300 Kcal/kg GAR eased by 10 cents, traders told ICMW.

Indonesian coal prices remained flat on lack of Chinese enquiries, sources added.

Following are the indicative prices of coal in various markets and indicative freight rates on October 08:

Description of Coal

Specification

Price/ton (in $ and FOB) as on Oct 8, 2013

Price/ton (in $ and FOB) as on Oct 7, 2013

Week Ago Price/ton (in $ and FOB) Oct 02, 2013

6-month ago Price/ton (in $ and FOB) Apr 08, 2013

Year Ago Price/ton (in $ and FOB) Oct 09, 2012

South African Steam Coal

6000 Kcal/kg NAR

77.15

77.25

76.25

82.00

86.30

South African Steam Coal

5500 Kcal/kg NAR

59.70

59.80

60.00

NA

NA

Australian Steam Coal

6300 Kcal/kg GAR

78.75

78.85

78.75

91.70

83.00

Indonesian Steam Coal

5900 Kcal/kg GAR

67.75

67.75

67.75

74.50

72.50

Indonesian Steam Coal

5000 Kcal/kg GAR

54.40

54.40

55.00

59.00

56.00

Indonesian Steam Coal

4200 Kcal/kg GAR

38.75

38.75

38.75

42.00

NA

Indonesian Steam Coal

3800 Kcal/kg GAR

33.50

33.50

33.50

35.50

NA

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

150.25

150.00

149.00

151.50

143.50

Premium Low Vol

VM-21.5%, Ash-9.3%

148.00

148.00

147.00

150.50

143.50

Semi Soft

 

 

 

95.00

111.00

97.00

Met Coke (CFR India)

 

 

 

266.00

290.00

319.00


Freight Rate:

Destination

As on Oct 08, 2013 (in $/ton)

As on Oct 07, 2013 (in $/ton)

Week Ago Oct 02, 2013 (in $/ton)

6-month Ago Apr 08, 2013 (in $/ton)

Year Ago Oct 09, 2012 (in $/ton)

South Africa (RBCT) to India (West Coast)

18.50

18.50

17.70

15.60

13.50

South Africa (RBCT) to India (East Coast)

19.20

19.20

18.40

16.60

14.50

Indonesia (Kalimantan) to India (West Coast)

13.70

13.70

13.00

10.20

8.70

Indonesia (Kalimantan) to India (East Coast)

12.45

12.45

11.75

9.10

7.90

Australia to India

21.20

21.20

22.00

17.00

NA

Source: ICMW (Traders)