India Steel Market Watch
November 5: 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 $77.25 per ton FOB India as against $79.4 per ton in the previous week.
Spot semi-soft prices fell marginally to around $61.75 per ton as against $62.6 per ton a week earlier.
Imported met coke prices hovered around $128 per ton CFR India as against $132 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 3, 2015 |
November 2, 2015 |
October 27, 2015 |
May 4, 2015 |
November 4, 2014 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
77.25 |
77.5 |
79.4 |
85 |
109 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
76.25 |
76.5 |
78.4 |
84.25 |
107.5 |
Semi Soft |
|
61.75 |
62 |
62.6 |
67 |
76.25 |
Met Coke (CFR India) |
|
128 |
130 |
132 |
165 |
197 |
Source: Traders