Subdued trend in international coal markets
30 Sep 2014
September 30: A subdued trend, devoid of fresh interest, was witnessed in international coal markets on September 29 as prices remained range-bound, market sources said.
Prices of South African and Australian steam coal remained soft on lack of bids, they added.
Following are the indicative prices of coal in various markets and indicative freight rates on September 29:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
September 29, 2014 |
September 26, 2014 |
September 22, 2014 |
March 31, 2014 |
September 30, 2013 |
||
South African Steam Coal |
6000 Kcal/kg NAR |
66.50 |
66.60 |
67.80 |
73.40 |
76.00 |
South African Steam Coal |
5500 Kcal/kg NAR |
58.35 |
58.40 |
59.75 |
64.60 |
60.25 |
Australian Steam Coal |
6300 Kcal/kg GAR |
65.60 |
65.70 |
66.25 |
75.25 |
78.00 |
Indonesian Steam Coal |
5900 Kcal/kg GAR |
63.50 |
63.50 |
63.25 |
68.30 |
68.00 |
Indonesian Steam Coal |
5000 Kcal/kg GAR |
50.50 |
50.50 |
50.00 |
54.50 |
55.50 |
Indonesian Steam Coal |
4200 Kcal/kg GAR |
37.00 |
37.00 |
36.75 |
37.30 |
39.30 |
Indonesian Steam Coal |
3800 Kcal/kg GAR |
30.50 |
30.50 |
30.25 |
32.25 |
33.75 |
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
112.00 |
112.00 |
112.00 |
108.00 |
150.00 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
110.50 |
110.50 |
110.50 |
107.00 |
148.00 |
Semi Soft |
77.00 |
77.00 |
77.60 |
80.00 |
97.25 |
|
Met Coke (CFR India) |
190.00 |
190.00 |
190.00 |
212.00 |
268.00 |
Freight Rate:
Destination |
(in $/ton) |
||||
As on |
As on |
Week ago, |
6-month ago, |
Year ago, |
|
September 29, 2014 |
September 26, 2014 |
September 22, 2014 |
March 31, 2014 |
September 30, 2013 |
|
South Africa (RBCT) to India (West Coast) |
15.25 |
15.25 |
16.25 |
16.20 |
17.40 |
South Africa (RBCT) to India (East Coast) |
15.75 |
15.75 |
17.25 |
16.60 |
18.00 |
Indonesia (Kalimantan) to India (West Coast) |
11.20 |
11.20 |
11.00 |
10.50 |
12.90 |
Indonesia (Kalimantan) to India (East Coast) |
9.60 |
9.60 |
9.10 |
9.10 |
11.50 |
Australia to India |
15.50 |
15.50 |
15.30 |
16.70 |
20.50 |
Source: Traders & ICMW data base