Spot coking coal prices remained volatile on selective buying from the markets of China and India, industry sources said.
Imported hard coking coal prices hovered in the range of $76.5 per ton FOB India as against same price in the previous week.
Spot semi-soft prices fell marginally to around $62.6 per ton as against $62.75 per ton a week earlier.
Imported met coke prices hovered around $120 per ton CFR India as against $118 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, |
||
January 12, 2016 |
January 11, 2016 |
January 5, 2016 |
July 13, 2015 |
January 13, 2015 |
||
Hard Coking Coal (Australian) |
VM-20.7%, Ash-10.5% |
76.5 |
76.5 |
76.5 |
85.5 |
109 |
Premium Low Vol |
VM-21.5%, Ash-9.3% |
75.5 |
75.5 |
75.75 |
84.5 |
108 |
Semi Soft |
|
62.6 |
62.6 |
62.75 |
67.5 |
80.8 |
Met Coke (CFR India) |
|
120 |
118 |
118 |
152 |
193 |
Source: Traders and ISMW