India Steel Market Watch
October 1: 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 $80.5 per ton FOB India as against $80.75 per ton FOB India from mines in Australia.
Spot semi-soft prices remained firm at around $60.75 per ton as against $61.5 per ton a week earlier.
Met coke imported prices hovered around $140 per ton CFR India as against $142 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, |
||
September 29, 2015 |
September 28, 2015 |
September 22, 2015 |
March 30, 2015 |
September 30, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
80.5 |
80.5 |
80.75 |
96.5 |
- |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
79.5 |
79.5 |
79.75 |
96.25 |
- |
Semi Soft |
|
60.75 |
60.75 |
61.5 |
74.25 |
- |
Met Coke (CFR India) |
|
140 |
140 |
142 |
175 |
- |
Source: Traders