Prices show mixed trends in global coal markets
08 May 2015
May 8: International coal prices threw up a mixed trend on conflicting demand signals, sources informed ICMW.
Prices of South African steam coal of 6,000 Kcal/kg NAR edged down further, while the 5,500 Kcal/kg NAR variety gained by 70 cents. Australian 6,300 Kcal/kg GAR dipped a tad lower while the Indonesian categories showed no changes.
Hard coking coal (Australian), which has been in declining mode, also dipped further.
Following are the indicative prices of coal in various markets and indicative freight rates on May 7:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 7, 2015 |
May 6, 2015 |
May 1, 2015 |
November 10, 2014 |
May 8, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
62.70 |
63.20 |
63.00 |
63.70 |
77.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
52.70 |
52.00 |
52.00 |
55.20 |
70.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
62.40 |
63.40 |
63.50 |
62.40 |
73.20 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
56.05 |
56.40 |
57.00 |
61.40 |
66.70 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
44.30 |
44.30 |
45.10 |
49.60 |
55.60 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
31.60 |
31.60 |
32.20 |
36.00 |
37.40 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
25.10 |
25.10 |
25.60 |
29.50 |
31.80 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
82.50 |
83.00 |
85.00 |
111.50 |
113.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
81.50 |
82.00 |
84.25 |
110.00 |
112.50 |
Semi Soft |
66.65 |
67.00 |
67.00 |
76.25 |
80.75 |
|
Met Coke (CFR India) |
164.65 |
165.00 |
165.00 |
197.00 |
220.00 |
Freight rate:
Destination
|
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 7, 2015 |
May 6, 2015 |
May 1, 2015 |
November 10, 2014 |
May 8, 2014 |
|
South Africa (RBCT) to India (West Coast) |
9.20 |
9.20 |
9.30 |
15.25 |
14.60 |
South Africa (RBCT) to India (East Coast) |
9.10 |
9.10 |
9.10 |
15.75 |
15.40 |
Indonesia (Kalimantan) to India (West Coast) |
6.10 |
6.20 |
5.90 |
11.20 |
9.50 |
Indonesia (Kalimantan) to India (East Coast) |
5.15 |
5.25 |
5.00 |
9.70 |
8.50 |
Australia to India |
9.70 |
9.70 |
9.20 |
17.00 |
16.25 |
Source: Traders and ICMW database