APMDC Suliyari coal upcoming auction 1,25,000 MT for MP-MSMEs on 26th May 2025 @2533 per MT
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New UserSA, Australia rates further up on Columbian worries
24 Feb 2016
Spot price of South African and Australian steam coals surged further as uncertainty persisted on whether the Carrejon workers in Columbia will decide to go for a strike in support of their demands, market sources said.
If at all the workers’ union decides to go ahead with strike, there is a possibility of around 90,000 tons per day of coal not going out of the country, which, in turn, is likely to raise demand for coals of other origin, they said.
Indonesian coal prices, however, remained largely unchanged, they added.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on February 23:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
February 23, 2016 |
February 22, 2016 |
February 16, 2016 |
August 24, 2015 |
February 24, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.75 |
53.25 |
51.70 |
52.70 |
64.20 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
41.50 |
41.00 |
39.25 |
44.25 |
55.50 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
53.00 |
52.50 |
51.00 |
57.00 |
61.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
46.15 |
46.20 |
47.00 |
52.00 |
58.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.00 |
37.10 |
37.25 |
40.00 |
47.80 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.10 |
26.10 |
26.10 |
27.50 |
34.40 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.50 |
20.30 |
20.25 |
22.60 |
27.40 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.50 |
76.50 |
76.50 |
83.00 |
104.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.50 |
75.50 |
75.50 |
82.00 |
103.00 |
|
Semi Soft |
|
63.60 |
62.75 |
62.25 |
63.50 |
79.70 |
|
Met Coke (CFR India) |
|
115.00 |
115.00 |
120.00 |
145.00 |
185.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
February 23, 2016 |
February 22, 2016 |
February 16, 2016 |
August 24, 2015 |
February 24, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
5.50 |
5.50 |
4.75 |
9.80 |
9.15 |
|
South Africa (RBCT) to India (East Coast) |
6.00 |
6.00 |
5.00 |
9.90 |
9.55 |
|
Indonesia (Kalimantan) to India (West Coast) |
4.50 |
4.50 |
4.00 |
7.00 |
6.30 |
|
Indonesia (Kalimantan) to India (East Coast) |
3.90 |
3.90 |
3.40 |
5.60 |
4.90 |
|
Australia to India |
6.25 |
6.25 |
6.50 |
10.30 |
10.10 |
Sources: Traders and ICMW database