India Steel Market Watch
October 15: Spot coking coal prices eased marginally on low buying support from the markets of China and India, industry sources said.
Imported hard coking coal prices hovered in the range of $79.6 per ton FOB India as against $80.5 per ton in the previous week.
Spot semi-soft prices fell marginally to around $60.6 per ton as against same price a week earlier.
Met coke imported prices hovered around $133 per ton CFR India as against $140 per ton a week earlier.
Following are coking coal, met coke prices in different markets:
Description of Coal |
Specification |
Price/ton (in $ and FOB) |
||||
As on, |
As on, |
Week ago, |
6-month ago, |
Year ago, |
||
October 13, 2015 |
October 12, 2015 |
October 6, 2015 |
April 14, 2015 |
October 14, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
79.6 |
80.3 |
80.5 |
92.5 |
111.75 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
78.6 |
79.3 |
79.5 |
91.5 |
110 |
Semi Soft |
|
60.6 |
60.6 |
60..60 |
72.75 |
77.25 |
Met Coke (CFR India) |
|
133 |
133 |
140 |
172.5 |
197 |
Source: Traders