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Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D


COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South China Coal swap for delivery Q1’ 14 and Q3’14 up on day on day according to SGX AsiaClear OTC coal swap's reports released week ended 22 November 2013.

SGX has launched SGX Thermal Coal Futures on 21 Oct 2013. SGX’s daily swap daily report shows that, Q4’ 14 delivery swaps were gained on day but lost on week.

Q3 2014 delivery price closed at US$ 80.85 a ton on 22 November 2013, a US$ 0.12 higher from a day but lost US$ 0.32 from a week. Average Q4’ 14, API 8 CFR South China coal shipment prices flat day on day and lost US$ 1.10 Per mt week on week.

API 8 CFR South China Coal swap for average Q3’ 2014 delivery closed US$ 0.74 (0.92%) higher compared to average Q1’ 2014 delivery price of US$ 80.11 on 22 November 2013. In the meantime, the average Q4 2014 coal swap has closed US$ 1.24 PMT (1.54%) higher than Q1’ 2014 swap for the same period.

API 8 CFR South China Coal for Q1’ 2014 delivery swap has achieved a highest price (US$ 80.11) on 22 November 2013. In the meantime, swap experienced a lowest level (US$  79.60) on 18 November 2013.

API 8 CFR South China Coal swaps for Q1 & Q3 2014 deliveries show a positive trend on month on month. However Q4’ 14 delivery price shows a negative move week on week and flat on d-d.

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



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