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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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Recent News

Thursday, 04 April 13
HANDY:QUIET ; PANAMAX: SLOW START; CAPESIZE: LOW ACTIVITIES - FEARNRESEARCH
Handy The Atlantic markets remain quiet as charterers and owners waiting to see how it moves. The USG-Feast was at USD 20k and Black Sea-Feast was ...


Wednesday, 03 April 13
HBA HAS LOST US$ 1.53 PER MT IN APRIL 2013
COALspot.com -  The Indonesian government’s declared coal bench mark price has lost $1.53 / MT in April 2013. The monthly coal referen ...


Tuesday, 02 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 633K MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,029,482 tons of thermal and coking coal for week ended  0700 hours 1 April 2013, Newcas ...


Tuesday, 02 April 13
THE GOVERNORS TO TAKE OVER AUTHORITY OF MINING, FORESTRY AND PLANTATION CONCESSIONS
The Indonesian government is planning to transfer the authority of issuing mining, forestry and plantation concessions from municipalities and distr ...


Sunday, 31 March 13
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