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New UserSlight firmness in international coal markets
29 Mar 2016
A stable trend prevailed in international coal markets on March 28 after moderate activity was witnessed post the Easter holidays, sources said.
Indian buyers continued to move cautiously amidst a slight firmness in South African standard coal prices as they were expecting rates to soften, they said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on March 28:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
March 28, 2016 |
March 23, 2016 |
March 21, 2016 |
September 29, 2015 |
March 29, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
53.50 |
53.00 |
53.20 |
49.70 |
- |
|
South African Steam Coal |
5500 Kcal/kg NAR |
44.20 |
43.80 |
43.80 |
39.80 |
- |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
53.75 |
54.15 |
54.25 |
55.10 |
- |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
45.80 |
46.00 |
46.00 |
50.40 |
- |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.20 |
37.30 |
37.30 |
38.00 |
- |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.30 |
26.30 |
26.30 |
26.00 |
- |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.65 |
20.75 |
20.75 |
20.90 |
- |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
80.75 |
80.75 |
80.75 |
80.50 |
- |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
79.75 |
79.75 |
79.75 |
79.50 |
- |
|
Semi Soft |
|
64.70 |
65.60 |
65.60 |
60.75 |
- |
|
Met Coke (CFR India) |
CSR 62 |
119.50 |
119.50 |
119.50 |
140.00 |
- |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
March 28, 2016 |
March 23, 2016 |
March 21, 2016 |
September 29, 2015 |
March 29, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
6.20 |
6.10 |
6.10 |
8.50 |
- |
|
South Africa (RBCT) to India (East Coast) |
6.40 |
6.30 |
6.30 |
8.70 |
- |
|
Indonesia (Kalimantan) to India (West Coast) |
4.80 |
5.00 |
5.00 |
6.70 |
- |
|
Indonesia (Kalimantan) to India (East Coast) |
4.00 |
4.20 |
4.20 |
5.60 |
- |
|
Australia to India |
6.40 |
6.70 |
6.70 |
10.10 |
- |
Source: Traders and ICMW database