India Steel Market Watch
November 12: 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 $76 per ton FOB India as against $77.25 per ton in the previous week.
Spot semi-soft prices fell marginally to around $61.6 per ton as against $61.75 per ton a week earlier.
Imported met coke prices hovered around $130 per ton CFR India as against $128 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, |
||
November 10, 2015 |
November 9, 2015 |
November 3, 2015 |
May 11, 2015 |
November 11, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76 |
- |
77.25 |
82.25 |
112 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75 |
- |
76.25 |
81.25 |
110.5 |
Semi Soft |
|
61.6 |
- |
61.75 |
66 |
76.75 |
Met Coke (CFR India) |
|
130 |
- |
128 |
165 |
197 |
Source: Traders