CMR Jan 13
CMR Jan 13
Export indications from China fall dramatically but still there is lack of immediate interest.
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1.05
112.8 0.68
0.66 0.64 0.62
January 2013
January 2013
US$/tonne cfr India: Blast Furnace Coke, 30/90mm, 11.5/12.5% Ash US$/tonne fob Australia (Premium Grades): Hard Coking Coal Quarterly Contract Hard Coking Coal Spot Weak Coking Coal Spot US$/tonne cfr China: Hard Coking Coal
$305-315
$290-300
$290-300
$170-175
$170-175
$175-180
Prices are obtained via informal discussions with industry participants. Detailed specifications used as reference for above prices are on www.resource-net.com/prices.htm.
F M eb-0 a 9 Auy-0 9 Nog- 0 v- 9 Fe 09 M b-1 a 0 Auy-1 0 Nog-1 0 v F -10 M eb-1 a 1 Auy-1 1 Nog-1 1 v Fe - 11 M b-1 a 2 Auy-1 2 Nog-1 v- 2 12
January 2013
F M eb-0 a 9 Auy-0 9 Nog- 0 9 v Fe - 09 M b-1 a 0 Auy-1 0 Nog- 1 0 v F - 10 M eb-1 a 1 Auy-1 1 Nog- 1 v- 1 Fe 11 M b-1 a 2 Auy-1 2 Nog- 1 v- 2 12
Hard Coking - Contract Weak Coking Hard Coking - Spot
-2.5%
Six-Month Period
One-Year Period
Pig iron data are from the World Steel Association. Output data have been deseasonalized, i.e. adjusted for established seasonal (monthly) variations, and annualized. Monthly rates of change have been measured over periods of six months and one year.
155
49 77
102 47 53 254 4 7
96 39 31 233 8 1
86 50 32 238 2 7
14 43 247 9 4
362 202
249 88 64
189 80 51
82 59
95 21 20
26 18 19
67 41 12
76 25 14
67 35 27
403 1,268
96 349
71 132
12 45
10 25
49 62
68 29
83 51
2,164 390
1,591
449 67
183 53
429
87 18
64 24
32 11
136 34
82 27
Million Tonnes
000 tonnes
500
$400
3
$300
2 1 0 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12
400
$200 $100
Q3 12
Nov
Feb
Mar
Apr
May
300
Oct
Jan
Dec
Aug
June
Sept
July
2010-11
2011-12
Trade Volume
Price
Data from national customs authorities, extracted using code CN 2704 0019 (Other Coke & Semi-Coke of Coal).
63,078 $205
18,295 $173
15,406 $163
5,741 $168
5,239 $159
4,426 $162
4,283 $146
45 40
$250
15
Million Tonnes
$200
US$/tonne fob
35 30 25 20 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12
10
$150
$100
0 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12
$50
Exports
Price
Exports
Price
Data from national customs authorities. Prices indicated are deduced from customs statistics and therefore include all coking coal grades.