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.
Registered User
New UserSA coal prices ease, Australian varieties firm
04 Mar 2015
March 4: A weak demand scenario from European and Atlantic countries pushed down South African steam coal prices and thereby halted the upward trend witnessed over the past couple of days, market sources said.
Australian steam coal prices, however, continued to remain firm in anticipation of more miners announcing production cuts, taking a lead from Glencore’s decision a few days back, they added.
However, Indonesian coal prices remained largely unchanged on weak signals coming from China, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on March 3:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
March 3, 2015 |
March 2, 2015 |
February 24, 2015 |
September 1, 2014 |
March 4, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
64.20 |
65.20 |
64.20 |
69.80 |
76.50 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
54.90 |
55.50 |
55.50 |
62.50 |
63.60 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
64.80 |
64.50 |
61.60 |
68.25 |
76.20 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
59.20 |
59.20 |
58.80 |
63.60 |
70.00 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
47.70 |
47.70 |
47.80 |
50.50 |
56.25 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
34.20 |
34.20 |
34.40 |
36.50 |
38.10 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
27.30 |
27.30 |
27.40 |
30.00 |
32.25 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
103.00 |
104.00 |
104.00 |
113.25 |
119.50 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
102.00 |
103.00 |
103.00 |
112.00 |
117.50 |
|
Semi Soft |
77.20 |
77.60 |
79.70 |
76.00 |
84.00 |
|
|
Met Coke (CFR India) |
182.00 |
185.00 |
185.00 |
192.00 |
246.00 |
|
Freight rates:
|
Destination
|
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
March 3, 2015 |
March 2, 2015 |
February 24, 2015 |
September 1, 2014 |
March 4, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
9.40 |
9.50 |
9.15 |
17.25 |
16.50 |
|
South Africa (RBCT) to India (East Coast) |
9.80 |
10.00 |
9.55 |
17.80 |
17.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
6.50 |
6.50 |
6.30 |
10.80 |
11.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
5.25 |
5.25 |
4.90 |
9.60 |
9.50 |
|
Australia to India |
10.50 |
10.00 |
10.10 |
14.80 |
17.50 |
Source: traders and ICMW database