APMDC Suliyari coal upcoming auction 1,00,000 MT for PAN India MSMEs on 21st April 2025 @2520 per MT
Registered User
New UserSluggish trend prevails in international coal markets
13 Nov 2015
India Coal Market Watch
November 12: A sluggish trend prevailed in international coal markets on November 11 with prices of almost all-origin coals remaining almost unchanged due to mismatch in bids and offers, trade sources said.
Buyers were seen delaying their purchases, expecting sellers to reduce offers. As a result, not many deals are taking place.
The liquidity problem in India is also affecting deals, they said.
Following are the indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on November 11:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
November 11, 2015 |
November 10, 2015 |
November 4, 2015 |
May 12, 2015 |
November 12, 2014 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
54.25 |
54.20 |
53.75 |
63.25 |
65.00 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
40.00 |
40.00 |
40.00 |
53.00 |
56.70 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.20 |
50.25 |
50.80 |
62.20 |
62.60 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
47.60 |
47.60 |
47.80 |
56.00 |
60.80 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
36.85 |
36.85 |
37.00 |
44.30 |
49.30 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
25.90 |
25.90 |
25.80 |
31.80 |
36.00 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
19.80 |
19.80 |
19.80 |
25.10 |
29.25 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.00 |
76.00 |
77.00 |
82.25 |
112.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.00 |
75.00 |
76.00 |
81.25 |
110.50 |
|
Semi Soft |
|
61.60 |
61.60 |
61.40 |
66.00 |
76.75 |
|
Met Coke (CFR India) |
|
130.00 |
130.00 |
128.00 |
165.00 |
197.00 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
November 11, 2015 |
November 10, 2015 |
November 4, 2015 |
May 12, 2015 |
November 12, 2014 |
|
|
South Africa (RBCT) to India (West Coast) |
6.80 |
6.80 |
6.90 |
9.10 |
15.50 |
|
South Africa (RBCT) to India (East Coast) |
6.90 |
6.90 |
6.90 |
9.00 |
16.00 |
|
Indonesia (Kalimantan) to India (West Coast) |
5.25 |
5.25 |
5.50 |
6.40 |
11.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.40 |
4.40 |
4.45 |
5.60 |
9.50 |
|
Australia to India |
7.75 |
7.75 |
8.10 |
10.10 |
16.30 |
Source: Traders and ICMW database