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Soft trend persists on lack of enquiries

27 Sep 2013

September 27: Little change was marked in international spot coal prices on continued low enquiries from leading buyers such as India and China.

Following are the indicative prices of coal in various markets and indicative freight rates on September 26:

Description of Coal

Specification

Price/ton (in $ and FOB) as on Sep 26, 2013

Price/ton (in $ and FOB) as on Sep 25, 2013

Week Ago Price/ton (in $ and FOB) Sep 19, 2013

6-month ago Price/ton (in $ and FOB) Mar 27, 2013

Year Ago Price/ton (in $ and FOB) Sep 28, 2012

South African Steam Coal

6000 Kcal/kg NAR

74.50

74.50

72.75

79.75

84.70

South African Steam Coal

 5500 Kcal/kg NAR

60.25

60.50

62.30

NA

NA

Australian Steam Coal

6300 Kcal/kg GAR

78.00

77.80

77.30

91.25

84.50

Indonesian Steam Coal

5900 Kcal/kg GAR

68.25

68.25

68.30

75.60

71.90

Indonesian Steam Coal

5000 Kcal/kg GAR

55.80

56.00

55.80

59.70

55.50

Indonesian Steam Coal

4200 Kcal/kg GAR

39.60

39.60

39.40

41.80

39.00

Indonesian Steam Coal

3800 Kcal/kg GAR

33.80

33.80

33.70

35.60

33.75

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

152.00

152.00

154.50

156.00

141.00

Premium Low Vol

VM-21.5%, Ash-9.3%

150.00

150.00

152.50

154.75

141.00

Semi Soft

 

97.50

97.50

98.50

112.50

 93.50

Met Coke (CFR India)

 

270

270.00

270.00

296.00

317.00


Freight Rate:


Destination

As on Sep 26, 2013 (in $/ton)

As on Sep 24, 2013 (in $/ton)

Week Ago Sep 19, 2013 (in $/ton)

6-month Ago Mar 27, 2013 (in $/ton)

Year Ago Sep 28, 2012 (in $/ton)

South Africa (RBCT) to India (West Coast)

17.25

17.20

16.50

16.10

13.00

South Africa (RBCT) to India (East Coast)

17.90

17.80

17.25

17.10

14.00

Indonesia (Kalimantan) to India (West Coast)

12.70

12.60

12.20

 11.00

8.20

Indonesia (Kalimantan) to India (East Coast)

11.30

 11.25

10.75

  10.00

7.40

Australia to India

20.00

19.00

18.50

17.50

NA

Source: ICMW (Traders)