You are on page 1of 3

SteelMint Coal Insight 09 May 2012

International Coal Prices


Origin Destination Grade FOB Avg. CNF Ex-Plot
Port Port (in kcal) GCV ($/MT) Freight ($/MT) (Rs/MT)
Indonesia Vizag 6300-6100 GCV 86 15.00 101.00 5656.53
Indonesia Vizag 5500-5300 GCV 47 15.00 62.00 3568.86
Indonesia Navlakhi 5300-5100 GCV 40 17.00 57.00 3301.21
South Africa East Coast 6300 GCV 86.5 24.50 111.00 6191.83
South Africa West Coast 6300 GCV 84 23.50 107.50 6004.48
Australia East Coast 5400-5700 GCV 86.5 25.00 111.50 6218.60
Global Coal Index Prices
Origin Grade in kcal Port FOB Price Change Change
W-o-W M-o-M
South Africa 6000 NAR Richards Bay 97.37 -2.11 -6.14
Australia 6300 GAR Newcastle 98.65 -1.30 -6.90
Indonesia 6322 GAR Kalimantan 102.12 0.00 -3.49

• Australia’s Newcastle thermal coal prices fell below 54.00


$100/MT to reach their lowest level since October 53.50
1 USD vs INR
2010 as demand from China weakened and supply 53.00
to Asia from countries including South Africa and the 52.50
U.S. increased. 52.00
51.50
• South Africa’s Richards Bay also fell to the lowest 51.00
level in seventeen months. 50.50
50.00
• China’s imports of thermal and steelmaking coal de- 49.50
clined by 15% Y-o-Y in the first three months of this 49.00
year

• Indonesia’s Coal Reference Price for thermal coal has


fell to US$ 102.12/MT, i.e. the lowest price since
December 2010

Domestic Coal Prices at the Latest E-auction


Auction Date Mines Colliery Grade (GCV) Avg Price /MT
30-04-2012 SECL-ROAD CHHAL OCM F 2250
30-04-2012 SECL-ROAD BAROUD OCM EXCEEDING 3700 TO 4000 GCV RANGE 1900-1950
27-04-2012 SECL-ROAD GEVRA OC(STOCK) EXCEEDING 4000 TO 4300 GCV RANGE 2450
26-04-2012 SECL-ROAD MANIKPUR F 2200
26-04-2012 SECL-ROAD DIPKA EXPN E 2600

• Domestic Coal at the recent SECL e-auction fetched higher bids by Rs 300-400/MT

• According to market players, "Bids were slightly higher for few mines. Rise in power cost at Chhattisgarh might
have prompted for higher bids".
SteelMint Coal Insight 09 May 2012

Vessel Freight
Load Discharge Cargo Current (USD/MT) Previous (USD/MT) Change
Port Port Qty (07-05-2012) (30-04-2012)
SUPRAMAX
Banjarmasin (Indonesia) Tuticorin 42,000 MT 16.3 16.4 -0.1
Banjarmasin (Indonesia) Vizag 55,000 MT 13.5 13.5 0.0
Banjarmasin (Indonesia) Navalakhi 53,000 MT 17.5 17.5 0.0
Banjarmasin (Indonesia) Chennai 50,000 MT 13.9 13.9 0.0
Richards Bay (S.Africa) Paradip 53,000 MT 24.2 24.3 -0.1
Richards Bay (S.Africa) Chennai 50,000 MT 24.1 24.2 -0.1
Richards Bay (S.Africa) Kandla 53,000 MT 24.8 24.8 0.0
PANAMAX
North Pulau Laut(Indonesia) Mundra 71,500 MT 10.6 10.8 -0.2
North Pulau Laut(Indonesia) Goa 71,500 MT 10.7 10.9 -0.2
North Pulau Laut(Indonesia) Dahej 68,000 MT 11.8 12 -0.2
Richards Bay (S.Africa) Mundra 71,500 MT 20.7 20.7 0.0
Richards Bay (S.Africa) Dahej 68,000 MT 22.8 22.8 0.0
Richards Bay (S.Africa) Paradip 68,000 MT 24.1 24.2 -0.1
Richards Bay (S.Africa) Goa 71,500 MT 20.5 20.6 -0.1

Vessels expected at Major Ports


Name of the Vessel ETA / Arrival Cargo Qty (MT) Receiver PORT
Vizag
MV.FURNESS KARUMBA 10-May STEAM COAL 53000 MAHESWARI
MV.PONTIOPAL 10-May STEAM COAL 50000 GYMPEX
MV.SHROPSHIRE 10-May STEAM COAL 54000 GAMDHAR
MV.RUBY HALO 10-May COKING COAL 46000 JAYASWAL NECO
Haldia
MV. SPAR VIRGO 10-May STEAM COAL 20000 ADANI INDONESIA
Paradip
MV.NAVIOS VECTOR 12-May STEAM COAL 35000 ADANI ENTERPRISES
MV.SAMJOHN AMITY 13-May COKING COAL 62415 MMTC/NINL QUEENSLAND,AUSTARLIA
MV.GREAT IMMENSITY 14-May STEAM COAL 20256 IMFA LIANYUNGANG PORT,CHINA
KRISHNAPATNAM
MV DARYA MOTI 12-May STEAM COAL 68211 ULTRATECH USA
MV NEWLEAD ENDURANCE 15-May STEAM COAL 75207 PENNACEMENTS USA
SteelMint Coal Insight 09 May 2012

Disclaimer

Additional information is available upon request. Information has been obtained from sources believed
to be reliable but SteelMint Info Services or its affiliates do not warrant its completeness or accuracy
except with respect to any disclosures relative to SteelMint and/or its affiliates and the analyst’s
involvement with the issuer that is the subject of the research. Opinions and estimates constitute our
judgment as of the date of this material and are subject to change without notice. Past performance is
not indicative of future results. This material is not intended as an offer or solicitation for the purchase
or sale of any item. The opinions and recommendations herein do not take into account individual
client circumstances, objectives, or needs and are not intended as recommendations of particular
products or strategies to particular clients. The recipient of this report must make its own independent
decisions regarding any product or items mentioned herein. Periodic updates may be provided on
industry specific developments or announcements, market conditions or any other publicly available
information.

Use of the information presented here is at your sole risk, and any content, material and/or data
presented or otherwise obtained through your use of the information in the document is at your own
risk and you will be solely responsible for any damage to you personally or your company or
organization or business associates whatsoever which in anyway results from the use, reliance or
application on such content material and/or data and/or information.

About SteelMint

An ISO 9001:2008 certified Steel Research and Analysis Company providing Steel Market information to
people in business of steel and helping them take informed decisions.

The Company provides complete coverage on more than 25 Steel Products (Steel raw materials, semi-
finished and finished products).

Publishing daily and weekly, fortnightly reports containing current prices, market sentiments, market
views/analysis, outlook and industry news.

Clients benefiting from SteelMint’s research and reports include major steel companies like NMDC, Sesa
Goa, JSPL, JSW, Essar Group, Aditya Birla Group, Arcelor Mittal, Tata Steel, Citigroup, EnY, CRU Group
and many more.

Our Offices:

Raipur: Kolkata:
301, 3rd Floor, Jeevan Parisar, 5th Floor, Vishvakarma Building,
Rajeev Nagar, Behind Crystal Ar- 86,Topsia Road, South-West
cade, Block, Kolkata (W.B) - 700 046,
Raipur (C.G) - 492007, India India
Tel: +91 771 2284888 Tel: +91 03322852063

You might also like