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Monday, 16 September 13
CFR SOUTH CHINA COAL SWAP: STABLE TO STEADY


COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.

API 8 CFR South China Coal swaps for Q4 2013 (contract) price gains US$ 1.35 per mt (1.74%) month on month, but fell on day on Friday, 13 September 2013.

According to SGX, daily swaps report, Q3 2014 & Cal 2014 delivery swaps were gained day on day, on week and month week ended 13 September 2013.

Q3 2014 delivery price closed at US$ 81.82 a ton on 13 September 2013, a US$ 1.48 higher from a month. Q3 2014  API 8 CFR South China coal shipment prices lost US$ 0.04 PMT (0.05 percent) on day.

API 8 CFR South China Coal swap for average Q3 2014 delivery closed US$ 3.12 (3.96%) higher compared to average Q4 2013 delivery price of US$ 78.70 on 13 September 2013. In the meantime, the cal 2014 coal swap has closed US$ 2.38 PMT (3.02 %) higher than Q4 2013 swap for the same period.

API 8 CFR South China Coal for Q4 2013 delivery swap has achieved a highest price (US$ 78.74) on 12 September 2013. In the meantime, swap experienced a lowest level (US$ 78.05) on 9 September 2013.

API 8 CFR South China Coal swap shows a positive move on week and month compared to  Indonesian sub-bit coal swaps.

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



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