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Saturday, 21 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP 2.61 PERCENT THIS WEEK


COALspot.com - Indonesian sub-bituminous coal swaps fell for a fifth day, according to DSP of SGX AsiaClear OTC Coal Swaps.

CFR South China Coal contracts for May 2012, delivery also fell 1.91 percent compared to Monday opening.

The May 2012 swap contract for Indonesia sub-bituminous coal declined US$1.55 (2.61 percent)  to US$76.75 a metric ton yesterday from US$ 78.30  Monday, according to SGX AsiaClear OTC Coal Swaps.

CFR South China Coal contracts fell US$ 2 (1.91 percent) to US$ 102.50 per mt for the same period.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

The Q2  swap contract for Indonesia sub-bituminous coal also declined US$1.72 (2.19 percent)  to US$76.58 a metric ton yesterday from US$ 78.30  on Monday, meantime, CFR South China Coal contract declined US$ 1.66 (1.59 percent) per mt to US$ 102.67 compared to Monday opening, according to data released by SGX.



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Recent News

Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...


Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...


Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...


Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week. The biggest drop was in the Cape Index down by 8.19 pct&nbs ...


Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said. The ...


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