Metal Expert
METHODOLOGY
& SPECIFICATION
OF COAL PRICES
The published information is based on regular surveys of market participants.
The prices are provided with regard to all terms specific to each deal, including
tonnage, shipment terms and conditions, etc.
The occasional deals or deals outside the specified range are not considered in
price assessments.
The information is updated daily, weekly, biweekly or monthly, depending on
deals periodicity in each particular commodity segment.
The published prices include those available in offers and deals.
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Export China - Blast-furnace 1st grade low-ash metallurgical coke; ash — up to 12.5%, sulphur — $/t excl. VAT FOB ports of China offer 7–45
coke up to 0.7%, CSR — 65–66
Domestic Russia - Blast-furnace size 25–40 mm, ash — up to 12%, sulphur — up to 0.6%, CSR — RUB/t incl. VAT FCA Siberian region offer/deals 15–45
coke 55–60%
Domestic Russia - Blast-furnace size 25–40 mm, ash — up to 12%, sulphur — up to 0.6%, CSR — RUB/t incl. VAT FCA Ural region offer/deals 15–45
coke 55–60%
Export Australia - Coking coal Hard premium; ash — 8.9–10.5%, sulphur — 0.5–0.6%, VM — 18.5– $/t excl. VAT FOB Queensland offer/deals 7–45
24.5%, CSR — 68–74
Export Australia - Coking coal Hard second-tier; ash — 7.5–9%, sulphur — 0.4–0.6%, VM — 19–23%, $/t excl. VAT FOB Queensland offer/deals 7–45
CSR — 57–63
Export Australia - Coking coal Semi-soft; ash — 9–9.5%, sulphur — 0.5–0.6%, VM — 32–36% $/t excl. VAT FOB Queensland offer/deals 7–45
Export Australia - PCI Low-vol PCI; ash — 8–9%, sulphur — 0.5–0.6%, VM — 10–13% $/t excl. VAT FOB Queensland offer/deals 7–45
Export Australia - PCI Mid-vol PCI; ash — 10–12%, sulphur — 0.5–0.6%, VM — 15–22% $/t excl. VAT FOB Queensland offer/deals 7–45
Import Multi- China Coking coal Hard premium; ash — up to 10.5%, sulphur — 0.5–0.8%, VM — 17– $/t excl. VAT CFR North coast offer/deals 7–45
origin 24.5%, CSR — 60–74
Import Multi- China Coking coal Hard second-tier; ash — 7.5–9%, sulphur — up to 1%, VM — 15–23%, $/t excl. VAT CFR North coast offer/deals 7–45
origin CSR — 40–62
Import Multi- China Coking coal Semi-soft; ash — up to 10.5%, sulphur — 0.5–0.8%, VM — 32–40% $/t excl. VAT CFR North coast offer/deals 7–45
origin
Import Multi- China PCI Low-vol PCI; ash — 9–11%, sulphur — 0.4–0.9%, VM — 10–15% $/t excl. VAT CFR North coast offer/deals 7–45
origin
Import Multi- China PCI Mid-vol PCI; ash — 9–11%, sulphur — 0.5–0.9%, VM — 18–22% $/t excl. VAT CFR North coast offer/deals 7–45
origin
Import Russia China Coking coal Hard; ash — up to 10.5%, sulphur — 0.2–0.5%, VM — 17–25% $/t excl. VAT CFR North coast offer/deals 15–45
(K grade)
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Import Russia China Coking coal Semi-soft; ash — 8–9.5%, sulphur — 0.6–0.8%, VM — 38–41% (GZh $/t excl. VAT CFR North coast offer/deals 15–45
grade)
Import Australia India Coking coal Hard premium; ash — 8.9–10.5%, sulphur — 0.5–0.6%, VM — 18.5– $/t excl. VAT CFR East coast offer/deals 7–45
24.5%, CSR — 68–74
Domestic China - Coking coal Hard; ash — 9–10%, sulphur — 0.5–0.6%, VM — 21–22% $/t incl. VAT CFR North coast offer/deals 7–45
Export USA - Coking coal Hard; ash — 8%, moisture — 6.5–8%, sulphur — 0.8%, VM — 15–19%, $/t excl. VAT FOB East coast offer/deals 15–45
CSR — 57–68
Export USA - Coking coal High-vol A; ash — 7–7.5%, sulphur — 0.8–0.9%, VM — 30–32%, $/t excl. VAT FOB East coast offer/deals 15–45
CSR — 60–66
Export USA - Coking coal High-vol B; ash — 6.5–8%, sulphur — 0.9–1%, VM — 34–36%, CSR — $/t excl. VAT FOB East coast offer/deals 15–45
46–50
Import Russia Ukraine Coking coal Hard; ash — up to 10%, sulpur — 0.4–0.7%, moisture — 7–9%, VM — $/t excl. VAT DAP Ukraine border deals 30–90
31–33% (Zh grade)
Import Russia Ukraine Coking coal Semi-soft; ash — up to 9%, sulphur — 0.4–0.6%, VM — 32–40% $/t excl. VAT DAP Ukraine border deals 30–90
(G and GZhO grades)
Import Russia Ukraine Coking coal Semi-hard; ash — 6–9%, sulphur — 0.4–0.6%, VM — 21–26% $/t excl. VAT DAP Ukraine border deals 30–90
(KO grade)
Import Russia Ukraine Coking coal Semi-soft; ash — up to 10%, sulphur — 0.3–0.45%, VM — 16–26% $/t excl. VAT DAP Ukraine border deals 30–90
(KS grade)
Import Russia Ukraine Coking coal Semi-soft, raw coal; ash — up to 16%, sulphur — 0.2–0.4%, VM — up $/t excl. VAT DAP Ukraine border deals 30–90
to 42% (G grade)
Import USA Ukraine Coking coal High-vol A; ash- 7–8%, sulpur — 0.8–0.9%, VM — 30–32%, CSR — $/t excl. VAT CFR Black Sea deals 30–45
60–66 ports
Import Russia Ukraine PCI Mid-vol PCI. 0–50 mm; basis 6,600–6,700 kcal/kg NAR, ash — 9.5– $/t excl. VAT DAP Ukraine border deals 30
10.6%, sulphur — 0.4–0.5%, VM — 16–28%
Domestic Russia - Coking coal Semi-soft; ash — 8–9.5%, sulphur — 0.6–0.8%, VM — 38–41% (GZh $/t excl. VAT FCA Kuzbass deals 15–45
grade)
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Domestic Russia - Coking coal Hard; ash — 8.5–9.5%, sulphur — up to 0.8%, VM — 33–40% RUB/t excl. VAT FCA Kuzbass deals 15–45
(Zh grade)
Domestic Russia - Coking coal Hard; ash — up to 10%, sulphur — 0.5–0.8%, VM — 18–27% (K grade) $/t excl. VAT FCA Kuzbass deals 30–90
Domestic Russia - Coking coal Semi-hard; ash — up to 10%, sulphur — 0.3–0.6%, VM — 18–23% RUB/t excl. VAT FCA Kuzbass deals 30–90
(OS grade)
Domestic Russia - Coking coal Semi-hard; ash — 7–9%, sulphur — 0.4–0.5%, VM — 24–26% RUB/t excl. VAT FCA Kuzbass deals 30–90
(KO grade)
Domestic Russia - Coking coal Semi-soft; ash — up to 10%, sulphur — 0.3–0.5%, VM — 18–28% RUB/t excl. VAT FCA Kuzbass deals 30–90
(KS grade)
Domestic Ukraine - Coking coal Hard, raw coal; ash — up to 15%, sulphur — up to 4%, VM — 36–38% UAH/t incl. VAT FCA railway station deals 15–45
(Zh grade)
Domestic Ukraine - Coking coal Hard; ash — 8.2–8.5%, sulphur — up to 0.7%, VM — 28–30% (K grade) $/t excl. VAT FCA railway station deals 15–45
Export Australia - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 17%, sulphur — up to 0.8%, $/t excl. VAT FOB Newcastle offer/deals 30–90
VM — 27–35%
Export Australia - Thermal coal basis 5,500 kcal/kg NAR, ash — 17–23%, sulphur — up to 0.8%, VM — $/t excl. VAT FOB Newcastle offer/deals 30–90
23–32%
Export Indonesia - Thermal coal basis 3,900 kcal/kg NAR, ash — up to 6%, sulphur — up to 0.4%, VM — $/t excl. VAT FOB Kalimantan offer/deals 7–45
39–44%
Export Indonesia - Thermal coal basis 4,700 kcal/kg NAR, ash — up to 8%, sulphur — up to 0.6%, VM — $/t excl. VAT FOB Kalimantan offer/deals 7–45
up to 40%
Export Indonesia - Thermal coal basis 5,500 kcal/kg NAR, ash — up to 10%, sulphur — up to 0.8%, $/t excl. VAT FOB Kalimantan offer/deals 7–45
VM — up to 41%
Import Multi- India Thermal coal basis 5,500 kcal/kg NAR, ash — 15–23%, sulphur — up to 1%, VM — $/t excl. VAT CFR East coast offer/deals 15–45
origin 28–35%
Import Multi- India Thermal coal basis 5,500 kcal/kg NAR, ash — 15–23%, sulphur — up to 1%, VM — $/t excl. VAT CFR West coas offer/deals 15–45
origin 28–35%
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Import Multi- China Thermal coal basis 5,500 kcal/kg NAR, ash — 17–23%, sulphur — up to 0.8%, VM — $/t excl. VAT CFR South coast offer/deals 30–90
origin 13–23%
Import Russia China Thermal coal basis 5,500 kcal/kg NAR, ash — 10–20%, sulphur — up to 0.8%, VM — $/t excl. VAT DAP Grodekovo- offer/deals 30–90
28–38% Suifenhe
Import Multi- Taiwan Thermal coal basis 6,000 kcal/kg NAR, ash — up to 12%, sulphur — up to 0.5%, $/t excl. VAT CFR Taiwan offer/deals 30–90
origin VM — 18–42%
Export Russia - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 12%, sulphur — up to 0.5%, $/t excl. VAT FOB East coast offer/deals 30–90
VM — 18–42%
Export Russia - Thermal coal basis 5,500 kcal/kg NAR, ash — up to 20%, sulphur — up to 0.7%, $/t excl. VAT FOB East coast offer/deals 30–90
VM — 13–23%
Import Multi- ARA Thermal coal basis 6,000 kcal/kg NAR, ash — 11–15%, sulphur — up to 1%, VM — $/t excl. VAT CIF ARA offer/deals 15–90
origin 22–37%
Export Colombia - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 12%, sulphur — up to 0.85%, $/t excl. VAT FOB Bolivar offer/deals 30–90
VM — 31–37%
Export USA - Thermal coal basis 6,850 kcal/kg NAR, ash — up to 14%, sulphur — 2.5–3%, VM — $/t excl. VAT FOB East coast offer/deals 15–60
32–36%
Export USA - Thermal coal basis 6,200–6,300 kcal/kg NAR, ash — up to 12%, sulphur — up to 3%, $/t excl. VAT FOB Gulf coast offer/deals 15–60
VM — 36–40%
Export SAR - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 1.0% $/t excl. VAT FOB Richards Bay offer/deals 30–90
VM — min. 22%
Export SAR - Thermal coal basis 5,500 kcal/kg NAR, ash — up to 23%, sulphur — up to 1.0%, $/t excl. VAT FOB Richards Bay offer/deals 30–90
VM — min. 20%
Import Russia Turkey Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.75%, $/t excl. VAT CIF North coast of offer/deals 15–45
VM — 26–35% (from Black&Azov Sea ports) Turkey
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Import Russia Turkey Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.75%, $/t excl. VAT CIF South coast of offer/deals 15–45
VM — 26–35% (from Baltic ports) Turkey
Import Colombia Turkey Thermal coal basis 6,000 kcal/kg NAR, ash — up to 12%, sulphur — up to 0.9%, $/t excl. VAT CIF ports of Turkey offer/deals 15–45
VM — 31–37%
Import Russia Turkey Thermal coal Mid-vol. 50–150 mm; basis 6,700 kcal/kg NAR, ash — up to 10%, $/t excl. VAT CFR ports of Turkey offer/deals 15–45
sulphur — up to 0.75%, VM — 17–25%
Import Russia Turkey Thermal coal Mid-vol. 50–150 mm; basis 6,450 kcal/kg NAR, ash — up to 15%, $/t excl. VAT CFR ports of Turkey offer/deals 15–45
sulphur — up to 0.75%, VM — 26–33%
Export Russia - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 17%, sulphur — up to 0.5%, $/t excl. VAT FOB Taman offer/deals 15–45
VM — 28–38%
Export Russia - Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.8%, $/t excl. VAT FOB Baltic offer/deals 30–90
VM — 26–35%
Import Russia Poland Thermal coal basis 5,500 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.5%, $/t excl. VAT DAP Brest offer/deals 30–90
VM — 28–38%
Import Russia Poland Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.5%, $/t excl. VAT DAP Brest offer/deals 30–90
VM — 28–38%
Import Russia Poland Thermal coal basis 5,500 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.5%, $/t excl. VAT DAP Mamonovo offer/deals 30–90
VM — 28–38%
Import Russia Poland Thermal coal basis 6,000 kcal/kg NAR, ash — up to 15%, sulphur — up to 0.5%, $/t excl. VAT DAP Mamonovo offer/deals 30–90
VM — 28–38%
Domestic Russia - Thermal coal High-vol. 0–300 mm; basis 5,200–5,400 kcal/kg NAR, ash — 15–20%, $/t excl. VAT FCA Kuzbass offer 30–90
sulphur — 0.2–1%, VM — 39–43%
Domestic Russia - Thermal coal Low-vol. 0–300 mm; basis 6,000 kcal/kg NAR, ash — 8–20%, $/t excl. VAT FCA Kuzbass offer 30–90
sulphur — 0.3–0.5%, VM — 8–18%
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Domestic Russia - Thermal coal Mid-vol. 50–100 mm; basis 6,600 kcal/kg NAR, ash — 9–12%, $/t excl. VAT FCA Kuzbass offer 30–90
sulphur — 0.3–0.6%, VM — 18–22%
Domestic Russia - Thermal coal Lignite 0–300 mm; basis 3,800–4,300 kcal/kg NAR, ash — 8–11%, $/t excl. VAT EXW Krasnoyarsk offer 30–90
sulphur — up to 1%, VM — 42–49%
Domestic Russia - Thermal coal Lignite 50–100 mm; basis 4,100–5,000 kcal/kg NAR, ash — 10–18%, RUB/t incl. VAT EXW Krasnoyarsk offer 30–90
sulphur — up to 1%, VM — 40–49%
Domestic Russia - Thermal coal Lignite 0–300 mm; basis 3,800–4,300 kcal/kg NAR, ash — 8–11%, RUB/t incl. VAT EXW Buryatia offer 30–90
sulphur — up to 1%, VM — 42–49%
Domestic Russia - Thermal coal High-vol. 50–100 mm; basis 5,500 kcal/kg NAR, ash — 10–15%, RUB/t incl. VAT FCA Kuzbass offer 30–90
sulphur — up to 1%, VM — 35–40%
Domestic Russia - Thermal coal Low-vol. 50–100 mm; basis 6,500 kcal/kg NAR, ash — 6–15%, RUB/t incl. VAT FCA Kuzbass offer 30–90
sulphur — 0.3–0.5%, VM — 8–16%
Domestic Russia - Anthracite 25–100 mm; basis 6,900 kcal/kg NAR, ash — 5–10%, sulphur — $/t excl. VAT FCA Eastern offer 15–60
1–1.5%, VM — 2.5–4% Donbass
Domestic Russia - Anthracite 13–25 mm; basis 6,900 kcal/kg NAR, ash 5–12%, sulphur — 1–1.5%, $/t excl. VAT FCA Eastern offer 15–60
VM — 2.5–4% Donbass
Domestic Russia - Anthracite 6–13 mm; basis 5,800 kcal/kg NAR, ash — 4–15%, sulphur — 1–1.5%, $/t excl. VAT FCA Eastern offer 15–60
VM — 3–4% Donbass
Domestic Russia - Anthracite 0–6 mm; basis 5,500 kcal/kg NAR, ash — 15–30%, sulphur — 1–2%, $/t excl. VAT FCA Eastern offer 15–60
VM — 3–5.5% Donbass
Import Russia Ukraine Anthracite 25–50 mm; basis 6,900 kcal/kg NAR, ash — 5–10%, sulphur — $/t excl. VAT DAP Ukraine border offer/deals 30–60
1–1.5%, VM — 2.5–4%
Import Russia Ukraine Anthracite 13–25 mm; basis 6,900 kcal/kg NAR, ash 5–12%, sulphur — 1–1.5%, $/t excl. VAT DAP Ukraine border offer/deals 30–60
VM — 2.5–4%
Import Russia Ukraine Anthracite 6–13 mm; basis 5,800 kcal/kg NAR, ash — 4–15%, sulphur — 1–1.5%, $/t excl. VAT DAP Ukraine border offer/deals 30–60
VM — 3–4%
Metal Expert
METHODOLOGY AND SPECIFICATION OF COAL PRICES
Destination Country Country Kind of Specifications Currency & Tax Delivery basis Trading Delivery
Supplier Buyer product period
Import Russia Ukraine Anthracite 0–6 mm; basis 5,000 kcal/kg NAR, ash — 15–30%, sulphur — 1.5–2%, $/t excl. VAT DAP Ukraine border offer/deals 30–60
VM — 3–5.5%
Import Russia China Anthracite 0–13 mm; basis 6,700–7,300 kcal/kg NAR, ash — up to 15%, sulphur — $/t excl. VAT CFR ports of China offer/deals 30–45
0.5%, VM — up to 6%
Import Russia Turkey Anthracite 6–13 mm; basis 5,800 kcal/kg NAR, ash — 7–15%, sulphur — 0.8– $/t excl. VAT CIF ports of Turkey offer/deals 15–45
1.5%, VM — 3–4%
Import Russia Italy Anthracite 13–25 mm; basis 6,900 kcal/kg NAR, ash 5–12%, sulphur — up to 1%, $/t excl. VAT CIF ports of Italy offer/deals 15–45
VM — 2.5–4%
Export Russia - Anthracite 0–13 mm; basis 6,700–7,300 kcal/kg NAR, ash — 5.5–12%, sulphur — $/t excl. VAT FOB East coast offer/deals 15–45
0.4%, VM — up to 3.5%
Export Russia - Anthracite 25–80 mm; basis 7,100–7,400 kcal/kg NAR, ash — 5–8%, sulphur — up $/t excl. VAT FOB Baltic offer/deals 15–45
to 0.4%, VM — up to 3.5%
Export Russia - Anthracite 0–13 mm; basis 6,700–7,300 kcal/kg NAR, ash — 5.5–12%, sulphur — $/t excl. VAT FOB Baltic offer/deals 15–45
up to 0.4%, VM — up to 3.5%
Import USA Turkey Petroleum 0–50 mm, basis 7,500 kcal/kg NAR, ash — up to 1%, sulphur — 4.5– $/t excl. VAT CIF ports of Turkey offer/deals 15–45
coke 5.5%, VM — 8–16%
Import USA Turkey Petroleum 0–50 mm, basis 7,500 kcal/kg NAR, ash — up to 1%, sulphur — 5.5– $/t excl. VAT CIF ports of Turkey offer/deals 15–45
coke 7%, VM — 8–16%
Metal Expert
This publication is for information purposes only. The information contained in this document has been compiled from sources believed to be reliable. Metal Expert cannot be made liable
for any loss no matter how it may arise.
