Slight weak trend seen in international coal markets
11 May 2015
May 11: A slight weakness was seen international coal prices on May 8 on lower-than- expected enquiries, market sources said.
Following are the indicative prices of coal in various markets and indicative freight rates on May 8:
Description of Coal
|
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
May 8, 2015 |
May 7, 2015 |
May 1, 2015 |
November 9, 2014 |
May 9, 2014 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
62.50 |
62.70 |
63.00 |
- |
76.50 |
South African Steam Coal |
5500 Kcal/kg NAR |
52.80 |
52.70 |
52.00 |
- |
69.75 |
Australian Steam Coal |
6300 Kcal/kg GAR |
62.25 |
62.40 |
63.50 |
- |
73.50 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
56.00 |
56.05 |
57.00 |
- |
67.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
44.30 |
44.30 |
45.10 |
- |
55.40 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
31.60 |
31.60 |
32.20 |
- |
37.30 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
25.10 |
25.10 |
25.60 |
- |
31.70 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
82.50 |
82.50 |
85.00 |
- |
114.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
81.50 |
81.50 |
84.25 |
- |
113.00 |
Semi Soft |
66.60 |
66.65 |
67.00 |
- |
81.25 |
|
Met Coke (CFR India) |
165.00 |
165.00 |
165.00 |
- |
220.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
May 8, 2015 |
May 7, 2015 |
May 1, 2015 |
November 9, 2014 |
May 9, 2014 |
|
South Africa (RBCT) to India (West Coast) |
9.20 |
9.20 |
9.30 |
- |
14.25 |
South Africa (RBCT) to India (East Coast) |
9.10 |
9.10 |
9.10 |
- |
15.10 |
Indonesia (Kalimantan) to India (West Coast) |
6.10 |
6.10 |
5.90 |
- |
9.75 |
Indonesia (Kalimantan) to India (East Coast) |
5.15 |
5.15 |
5.00 |
- |
8.75 |
Australia to India |
9.70 |
9.70 |
9.20 |
- |
15.75 |
Source: Traders and ICMW database