Spot coking coal prices firm up marginally on buying support from the markets of China and India, industry sources said.
Imported hard coking coal prices hovered in the range of $76 per ton FOB India as against $75 per ton in the previous week.
Spot semi-soft prices fell marginally to around $62.5 per ton as against $61.5 per ton a week earlier.
Imported met coke prices hovered around $118 per ton CFR India as against $120 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, |
||
December 30, 2015 |
December 29, 2015 |
December 23, 2015 |
July 1, 2015 |
December 31, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76 |
76 |
75 |
89 |
111 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.5 |
75.5 |
74.5 |
88 |
110 |
Semi Soft |
|
62.5 |
62.5 |
61.5 |
70.1 |
80.75 |
Met Coke (CFR India) |
|
118 |
118 |
120 |
NA |
200 |
Source: India Steel Market Watch