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Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment  0.23  W-O-W as of  Thursday, 28 March  2013, according to the data released by AsiaClear OTC coal swaps.

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

DSP of SGX AsiaClear OTC Coal Swaps  - Sub-Bit FOB Indonesia Coal
Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent  W-W and 0.62 percent on D-D on Thursday, 28 March  2013, AsiaClear OTC coal swap's report said. Sub-Bit FOB Indonesia coal swaps for average Q2’  2013 delivery was opened on 25 March 2013 at US$ 61.25 pmt and closed at US$  61.59 per MT on 28 March 2013.

Q4’ 2013 deliveries for the sub-bit Indonesia coal swap was opened at US$ 63.10 pmt on 25 March 2013 and closed at US$ 63.03 per MT on 28 March 2013.  Average Q4’ delivery price has lost US$ 0.07 PMT W-o-W and US$ 0.27 D-o-D.

In the meantime, the sub-bit Indonesia's coal swaps for Cal 2014 delivery lost  0.10 percent W-o-W and 0.41 percent D-o-D.

AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 3.79 (6.15%) higher compared to average Q2  delivery price of US$ 61.59 on 28 March 2013. In the meantime, the Q4’  2013 coal swap has closed US$ 1.44 (2.33 %) higher than Q2 ‘ 2013 swap on 28 March  2013.

The sub-bit Indonesia's coal swaps for Q2’ 13 delivery lost  US$ 4.18 (6.35 %) M-O-M.


DSP of SGX AsiaClear OTC Coal Swaps - CFR South China Coal
CFR South China coal shipment for average Q2’ 2013 delivery price gained 0.23 per cent  W-O-W and lost 0.39 percent D-O-D as of  Thursday, 28 March  2013.

The average Q4’ 2013 delivery price has also gained  W-W but lost D-D. The contract for the Q2’ 2013 price gained US$ 0.19 per MT W-o-W and closed at US$ 82.19 a ton on 28 March 2013. Q4 CFR South China coal shipment prices gained US$ 0.42 PMT W-W and but lost US cents 0.33 per MT DoD.

CFR South China coal shipments (average Q2’ 2013 delivery) was opened at US$ 82.00 per MT on 25 March 2013  and closed at US$ 82.19 per MT on 28 March 2013 gained US$ 0.19 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend gained 0.50 percent (US 0.42/ MT) W-o-W.

CFR South China coal swap for average Q4’  2013  delivery closed US$ 1.78 (PMT) higher compared to average Q2’  2013  delivery price. The calendar 2014 coal swap has closed US$  4.87 (PMT) higher than average Q2 2013 swap.

The CFR South China coal swaps for Q2’ 13 delivery lost  US$ 4.59 (5.28%) M-O-M.
Data Source: SGX, Singapore



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