India Steel Market Watch
December 10: Spot coking coal prices rose marginally on buying support from the markets of China and India, industry sources said.
Imported hard coking coal prices hovered in the range of $73.5 per ton FOB India as against $72.8 per ton in the previous week.
Spot semi-soft prices fell marginally to around $61.5 per ton as against $61 per ton a week earlier.
Imported met coke prices hovered around $123 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, |
||
09-Dec-15 |
08-Dec-15 |
02-Dec-15 |
12-Jun-15 |
09-Dec-14 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.5 |
73.5 |
72.8 |
88.5 |
113 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.6 |
72.6 |
72 |
87.5 |
111.5 |
Semi Soft |
|
61.5 |
61.5 |
61 |
70.25 |
78.5 |
Met Coke (CFR India) |
|
123 |
123 |
123 |
- |
200 |
Source: Traders