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Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE


COALspot.com - The Exchange has announced  that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 April 2013.

According to a note from exchange, the SGX API 8 CFR South China Coal Swap will replace the existing SGX OTC CFR South China Coal Swap which was based on the IHS McCloskey/Xinhua Info link South China 5,500 kcal/kg NAR CFR Marker.

The new contract will be based on the API 8 index which is a combination of (1) IHS McCloskey/Xinhua Info link South China (5,500 kcal/kg NAR) CFR Marker as published by McCloskey; and (2) Argus 5,500 kcal/kg CFR South China Price Assessment as published by Argus Media.

This is in response to the increasing importance of coal trading and risk management activities in Asia based on the API 8 index, SGX exchange said in it note.

The API 8 is a weekly price assessment published at the end of the week.



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Monday, 15 April 13
SUB - BIT INDONESIA COAL SWAP SHOWS POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.70 percent and CFR South China coal shipment&nbs ...


Saturday, 13 April 13
THE FREIGHT MARKETS EXPECTED TO HOLD FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - This freight market firmed up this week and all sectors were up except for Supramax index. The BDI was up by 1.62 pct closing at 8 ...


Friday, 12 April 13
DRY BULK SHIP OWNERS DEVELOPED NEWFOUND APPETITE FOR BULKERS DURING FIRST QUARTER OF 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's official; more and more ship owners operating in the dry bulk market appear to have developed a newfound optimism in the market's prospects. ...


Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacifi ...


Thursday, 11 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 15.96 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,545,914 tons of thermal and coking coal for week ended  0700 hours 8 April 2013, Newcas ...


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