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Thursday, 03 January 13
INDONESIAN SUB-BITUMINOUS COAL SWAPS CLOSED US$ 6.86 HIGHER FOR 2014 DELIVERY


COALspot.com - Swaps prices were changed positively for thermal coal for loading in the first quarter from Indonesia, according to SGX AsiaClear OTC Coal Swaps.

The swap for Indonesian sub-bituminous coal in the first quarter of 2013 held at $63.60 a metric ton as at  2 January 2013, 8pm SG time, an e-mail  from SGX said yesterday. The Q4 contract price rose 19 cents to $66.92 per MT.

In the meantime, CFR South China Coal contracts in the first quarter were rose U$ cents 58 to $85.30 a ton, according to SGX coal exchange.  The January’ 13  contract price rose US$ 0.35 to $84.70 a ton. The Q4 contract price was US$ 4.1 higher compared to January delivery price.

According to SGX, the swap for Indonesian sub-bituminous coal for 2014 delivery price closed at US$ 70.13, which is US$ 6.86 higher from January 2013 delivery price.


 



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