APMDC Suliyari coal upcoming auction 3,000 MT for PAN- India MSMEs on 17th June 2025 @2533 per MT
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New UserSteam coal prices continue to slide in global markets
11 Apr 2016
There was continued softness in seaborne steam coal prices in the international markets on April 8 on lack of enquiry and thin trading volumes, industry sources said.
Prices of standard grade South African and Australian coals dipped while Indonesian steam coal prices remained unchanged.
Meanwhile, reports said that a large number of Indian coal importers are under the DRI scanner for over-invoicing, a development which may further impact imports by Indian buyers, the sources said.
Following are indicative prices of coal in various markets and indicative freight rates (Panamax vessels) on April 8:
|
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
|
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
|
April 8, 2016 |
April 7, 2016 |
April 1, 2016 |
October 9, 2015 |
April 9, 2015 |
||
|
South African Steam Coal |
6000 Kcal/kg NAR |
51.10 |
51.25 |
54.80 |
50.60 |
58.75 |
|
South African Steam Coal |
5500 Kcal/kg NAR |
44.80 |
44.80 |
45.00 |
39.00 |
50.40 |
|
Australian Steam Coal |
6300 Kcal/kg GAR |
50.75 |
51.00 |
54.60 |
53.00 |
56.70 |
|
Indonesian Steam Coal |
5900 Kcal/kg GAR |
44.50 |
44.50 |
45.00 |
49.15 |
59.20 |
|
Indonesian Steam Coal |
5000 Kcal/kg GAR |
37.50 |
37.50 |
37.50 |
37.80 |
46.50 |
|
Indonesian Steam Coal |
4200 Kcal/kg GAR |
26.25 |
26.25 |
26.30 |
26.00 |
33.40 |
|
Indonesian Steam Coal |
3800 Kcal/kg GAR |
20.50 |
20.50 |
20.50 |
20.90 |
26.75 |
|
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
87.25 |
87.25 |
82.75 |
80.30 |
94.00 |
|
Premium Low Vol |
VM-21.5%, Ash-9.3% |
86.25 |
86.25 |
81.75 |
79.30 |
93.00 |
|
Semi Soft |
|
65.75 |
65.75 |
65.40 |
60.60 |
73.50 |
|
Met Coke (CFR India) |
CSR 62 |
125.00 |
125.00 |
122.00 |
133.00 |
172.50 |
Freight rates:
|
Destination |
(in $/ton) |
||||
|
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
|
April 8, 2016 |
April 7, 2016 |
April 1, 2016 |
October 9, 2015 |
April 9, 2015 |
|
|
South Africa (RBCT) to India (West Coast) |
6.30 |
6.30 |
6.20 |
8.60 |
9.20 |
|
South Africa (RBCT) to India (East Coast) |
6.60 |
6.60 |
6.50 |
8.75 |
9.20 |
|
Indonesia (Kalimantan) to India (West Coast) |
4.75 |
4.75 |
4.70 |
6.60 |
6.00 |
|
Indonesia (Kalimantan) to India (East Coast) |
4.10 |
4.10 |
4.00 |
5.40 |
5.00 |
|
Australia to India |
6.90 |
6.90 |
6.55 |
9.70 |
9.60 |
Source: Traders and ICMW database