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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  gained 1.04 W-O-W as of  Friday, 12 April 2013, according to the data released by AsiaClear OTC coal swaps on Friday.

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 2.70  percent  W-W and 0.43 percent on D-D on Friday, 12 April  2013, AsiaClear OTC coal swap's report said. Sub-Bit FOB Indonesia coal swaps for average Q2’  2013 delivery was opened on 8 April 2013 at US$ 63.57 pmt and closed at US$  65.39 per MT on 12 April 2013.

Q4’ 2013 deliveries for the sub-bit Indonesia coal swap was opened at US$ 64.25 pmt on 8 April 2013 and closed at US$ 65.34 per MT on 8 April 2013.  Average Q4’ delivery price has gained  US$ 1.09 PMT W-o-W and US$ 0.09 D-o-D.

The sub-bit Indonesia's coal swaps for Cal 2014 delivery also gained 1.44 percent W-o-W and 0.07 percent D-o-D.

AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 2.21 higher compared to average Q2  delivery price of US$ 63.57on 12 April 2013. In the meantime, the Q4’  2013 coal swap has closed US$ 0.05 higher than Q2 ‘ 2013 swap for the same period.

The sub-bit Indonesia's coal swaps for Q2’ 13 delivery lost  US$  1.07 (1.66 %) 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  1.04 per cent  W-O-W and  0.04 per cent  D-O-D as of  Friday, 12 April  2013.

The average Q4’ 2013 delivery price has also gained  W-W but flat D-D. The contract for the Q2’ 2013 price gained US$  0.04 per MT W-o-W and closed at US$  83.87  a ton on 12 April 2013. Q4 CFR South China coal shipment prices gained US$  0.95 PMT W-W flat  DoD.

CFR South China coal shipments (average Q2’ 2013 delivery) was opened at US$  83.00 per MT on 8 April 2013  and closed at US$ 83.87 per MT on 12 April 2013 gained US$ 0.04 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend gained  1.12 percent (US  0.95 / 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$  4.85 (PMT) higher than average Q2 2013 swap.

The CFR South China coal swaps for Q2’ 13 delivery lost  US$ 1.55 (1.81%) M-O-M.



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