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Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK


COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the meantime, CFR South China Coal contracts for May 2012 delivery also almost stable this whole week.

The May 2012 swap contract for Indonesia sub-bituminous coal was opened Monday at US$ 76.80 / MT and closed on Friday at US$ 76.67 / MT declined US$ 0.13 (0.16 percent) compared to Monday opening , according to SGX AsiaClear OTC Coal Swaps.

CFR South China Coal contracts fell US$ 0.60 (0.58 percent) to US$ 102.40 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 was slightly down to US$76.58 a metric ton on Friday  from US$ 77.30  on Monday.

CFR South China Coal contract declined US$ 0.50 (0.48 percent) per mt to US$ 102.83 compared to Monday opening of US$ 103.33, according to data released by SGX.



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Recent News

Wednesday, 25 April 12
CHINA IMPORTS 9.76 MMT AND INDIA IMPORTS 7.03 MMT OF INDONESIAN COAL LAST MONTH
COALspot.com: Indonesia, the world largest coal exporter, shipped  30.64* million tons of coal in March 2012, compared to 27.12* million tons i ...


Monday, 23 April 12
ALTURA ENTERS INTO AGREEMENT TO ACQUIRE 2 COAL PROJECTS IN SOUTH KALIMANTAN
COALspot.com - Altura Mining Limited (ASX: AJM) has announced that it has entered into an agreement to acquire a further two (2) Mining Permits (IUP ...


Sunday, 22 April 12
THE FREIGHT MARKET EXPECTED TO REMAIN FIRM NEXT WEEK - VISTAAR
COALspot.com - The BDI has broken the psychological barrier of 1000 points and closed at 1067 points. The cape index was slightly down by 2.48 pc ...


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 ...


Friday, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...


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