Soft trend in international coal markets
14 Aug 2014
Aug 14: A soft trend prevailed in international coal markets on August 13 amidst restricted enquiries, market sources said.
Indonesian miners were reportedly holding offers as buyers from Indian and China were looking to procure low grade material at lower than offered prices, they said.
Following are the indicative prices of coal in various markets and indicative freight rates on August 13:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
August 13, 2014 |
August 12, 2014 |
August 6, 2014 |
February 14, 2014 |
August 14, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
72.20 |
72.40 |
71.25 |
79.55 |
73.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
62.50 |
63.00 |
62.00 |
65.50 |
65.00 |
Australian Steam Coal |
6300 Kcal/kg GAR |
68.80 |
68.80 |
68.80 |
74.50 |
79.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.60 |
63.80 |
64.00 |
70.20 |
67.50 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.00 |
50.00 |
49.70 |
56.75 |
57.00 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
36.25 |
36.25 |
36.50 |
38.50 |
40.75 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
29.80 |
29.80 |
30.00 |
31.70 |
35.20 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
113.00 |
113.50 |
113.50 |
124.40 |
139.50 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
111.50 |
112.00 |
112.00 |
123.50 |
139.00 |
Semi Soft |
74.25 |
74.25 |
74.25 |
87.25 |
97.00 |
|
Met Coke (CFR India) |
193.00 |
193.00 |
190.00 |
257.00 |
245.00 |
Freight rates:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
August 13, 2014 |
August 12, 2014 |
August 6, 2014 |
February 14, 2014 |
August 14, 2013 |
|
South Africa (RBCT) to India (West Coast) |
16.25 |
16.00 |
16.30 |
16.10 |
15.75 |
South Africa (RBCT) to India (East Coast) |
16.75 |
16.50 |
16.75 |
16.60 |
16.10 |
Indonesia (Kalimantan) to India (West Coast) |
10.00 |
9.75 |
9.80 |
9.90 |
9.90 |
Indonesia (Kalimantan) to India (East Coast) |
8.75 |
8.50 |
8.50 |
9.20 |
8.75 |
Australia to India |
14.25 |
14.00 |
13.30 |
17.50 |
16.00 |
Source: Traders & ICMW data base