Slight firmness in South African coal prices
18 Aug 2014
Aug 18: Spot prices of South African steam coal firmed up a bit on August 15 on reports that the crisis in Ukraine might affect coal supplies to some of the markets, sources said.
Traders increased their offers in anticipation that there would be some increase in demand for South African coal in view of the possible supply constraints from Ukraine, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on August 15:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
August 15, 2014 |
August 14, 2014 |
August 8, 2014 |
February 17, 2014 |
August 16, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
72.50 |
- |
72.40 |
79.55 |
74.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.70 |
- |
63.00 |
65.50 |
65.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
68.70 |
- |
69.20 |
74.50 |
78.75 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
- |
63.80 |
70.20 |
68.25 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
- |
50.00 |
56.75 |
57.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.25 |
- |
36.40 |
38.50 |
41.25 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.80 |
- |
29.80 |
31.70 |
35.50 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
- |
114.00 |
124.40 |
144.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.50 |
- |
113.00 |
123.50 |
143.00 |
Semi Soft |
|
74.25 |
- |
74.25 |
87.25 |
96.50 |
Met Coke (CFR India) |
|
193.00 |
- |
193.00 |
257.00 |
250.00 |
Freight Rate:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
August 15, 2014 |
August 14, 2014 |
August 8, 2014 |
February 17, 2014 |
August 16, 2013 |
|
South Africa (RBCT) to India (West Coast) |
16.25 |
- |
16.00 |
16.10 |
15.00 |
South Africa (RBCT) to India (East Coast) |
16.75 |
- |
16.40 |
16.60 |
15.25 |
Indonesia (Kalimantan) to India (West Coast) |
10.00 |
- |
9.50 |
9.90 |
9.60 |
Indonesia (Kalimantan) to India (East Coast) |
8.75 |
- |
8.20 |
9.20 |
8.30 |
Australia to India |
14.25 |
- |
13.60 |
17.50 |
16.50 |
Source: Traders & ICMW data base