India Steel Market Watch
December 17: Spot coking coal prices fell 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 $75.5 per ton FOB India as against $76 per ton in the previous week.
Spot semi-soft prices fell marginally to around $61.6 per ton as against the same prices a week earlier.
Imported met coke prices hovered around $120 per ton CFR India as against the same prices 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, |
||
December 16, 2015 |
December 15, 2015 |
December 9, 2015 |
June 17, 2015 |
December 17, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
75.5 |
76 |
73.5 |
90 |
112 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75 |
75 |
72.6 |
89 |
111 |
Semi Soft |
|
61.6 |
61.6 |
61.5 |
70.75 |
78.8 |
Met Coke (CFR India) |
|
120 |
120 |
123 |
160 |
202.5 |