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Stable trend in international coal prices

07 Apr 2015

April 7: A stable trend prevailed in international coal markets on April 06 amidst absence of fresh enquiries, market sources said.

Following are the indicative prices of coal in various markets and indicative freight rates on April 06:

Description of Coal

Specification

Price/ton (in $ and FOB)

As on,

As on,

Week ago,

6-month ago,

Year ago,

April 6, 2015

April 3, 2015

March 30, 2015

October 8, 2014

April 7, 2014

South African Steam Coal

6000 Kcal/kg NAR

58.60

58.70

59.75

66.80

75.50

South African Steam Coal

5500 Kcal/kg NAR

50.90

51.00

51.20

58.00

65.00

Australian Steam Coal

6300 Kcal/kg GAR

55.50

55.40

56.00

65.40

73.60

Indonesian Steam Coal

5900 Kcal/kg GAR

59.40

59.50

60.10

63.25

67.50

Indonesian Steam Coal

5000 Kcal/kg GAR

47.00

47.00

47.00

49.80

54.50

Indonesian Steam Coal

4200 Kcal/kg GAR

33.50

33.50

33.60

36.50

37.50

Indonesian Steam Coal

3800 Kcal/kg GAR

26.90

26.90

27.00

30.50

32.25

Hard Coking Coal (Australian)

VM-20.7%, Ash-10.5%

96.00

96.00

96.50

112.00

110.00

Premium Low Vol

VM-21.5%, Ash-9.3%

95.00

95.00

96.25

110.50

109.00

Semi Soft

 

74.25

74.25

74.25

77.80

82.00

Met Coke (CFR India)

 

175.00

175.00

175.00

192.50

204.00

Freight rates:

Destination

(in $/ton)

As on

As on

Week ago,

6-month ago,

Year ago,

April 6, 2015

April 3, 2015

March 30, 2015

October 8, 2014

April 7, 2014

South Africa (RBCT) to India (West Coast)

9.30

9.30

9.30

15.10

15.00

South Africa (RBCT) to India (East Coast)

9.40

9.40

9.40

15.90

15.50

Indonesia (Kalimantan) to India (West Coast)

6.20

6.20

6.20

10.60

9.80

Indonesia (Kalimantan) to India (East Coast)

5.20

5.20

5.25

9.25

8.50

Australia to India

9.75

9.75

9.90

15.60

16.80

Source: traders and ICMW database