India Steel Market Watch
November 19: 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 $73.5 per ton FOB India as against $76 per ton in the previous week.
Spot semi-soft prices fell marginally to around $60.75 per ton as against $61.6 per ton a week earlier.
Imported met coke prices hovered around $127 per ton CFR India as against $130 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 17, 2015 |
November 16, 2015 |
November 10, 2015 |
May 18, 2015 |
November 18, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
73.5 |
73.5 |
76 |
83.25 |
112.5 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
72.8 |
73 |
75 |
82.25 |
111 |
Semi Soft |
|
60.75 |
60.75 |
61.6 |
65.5 |
77.3 |
Met Coke (CFR India) |
|
127 |
128 |
130 |
160 |
197 |
Source: Traders