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Sunday, 25 August 13
API 8 CFR SOUTH CHINA COAL: HEADING TO NORTH


COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 2.39 up month on month. The swap was moved positive on week and month but fell on day, according to AsiaClear OTC coal swap's reports released on 23 August 2013.

Sub-Bit FOB Indonesia coal swap for average Q4 2013 delivery was closed at US$ 60.48 per MT or US$ 0.40 higher compared to the same period last week.

DSP of SGX AsiaClear OTC Coal Swaps - Sub-Bit FOB Indonesia Coal
Q3 2014 delivery for the sub-bit Indonesia's coal swap was closed at US$ 62.42 per MT on 23 August 2013.  In the meantime, average Cal 2014 delivery price increased week and month but flat on day.

In the meantime, Q3 2014,  sub-bit Indonesia's coal swap was also up on week and flat on day.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3 2014 delivery closed US$ 1.94 (3.20%) higher compared to average Q4 2013 delivery price of US$ 60.48 on 23 August 2013.  In the meantime, the average cal 2014 coal swap has closed US$ 1.39 (2.29%) higher than Q4 2013 swap for the same period.

This Friday’s the sub-bit Indonesia's coal swap for Q4 2013 delivery, gained US$ 2.39 (4.11 %) month on month. Cal 2014 delivery also gained US$ 1.43 (2.36 %) M-O-M.

The sub-bit Indonesia's coal swap for Q4 2013 delivery has achieved highest price (US$ 60.58/ MT) on 22 August 2013. In the meantime, swap has reached its lowest level (US$ 60.13 / MT) on 19 and 20 August 2013.

DSP of SGX AsiaClear OTC Coal Swaps - API 8 CFR South China Coal
SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and replaced the previous swap.

API 8 CFR South China Coal shipment for average Q4 2013 delivery price gains US$ 0.17 per mt on day US$ 1.53 on week and US$ 3.00 on month on Friday, 23 August 2013.

The average Q4 2013 swap was gained on day, week and month. Q3 2014 & Cal 2014 delivery swaps were almost followed the same trend of Q4 2013 trend.

Q3 2014 delivery price closed at US$ 81.22 a ton on 23 August 2013, a US$ 0.70 higher from a week. Q3 2014  API 8 CFR South China coal shipment prices gained US$ 0.12 PMT (0.14 percent) on day.

API 8 CFR South China Coal swap for average Q3 2014 delivery closed US$ 2.07 (2.61 %) higher compared to average Q4 2013 delivery price of US$ 79.15 on 23 August 2013. In the meantime, the cal 2014 coal swap has closed US$ 1.54 PMT (1.94%) higher than Q4 2013 swap for the same period.

API 8 CFR South China Coal swaps for Q4 2013 delivery has achieved a highest price (US$ 79.15) on 23 August 2013. In the meantime, swap experienced a lowest level (US$ 77.69) on 19 August 2013.

API 8 CFR South China Coal Q3 and Cal 2014 coal price trends are promising. Swap movements are towards positive direction.

The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.



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