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Monday, 02 June 14
SUB-BIT FOB INDONESIA COAL SWAPS LOST GROUND THIS WEEK

COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports released last Friday.

Sub-Bit FOB Indonesia coal swap for (average) Q1’ 15 deliveries closed at US$ 58.95 per MT on 30 May 2014, or US$ 0.45 lesser compared to 23 May 2014 closing.

Q3' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 57.00 per MT on 30 May 2014, US$ 1.20 lesser than last month (30 April 2014) price and US$ 0.68 lower than a week ago price of US$ 57.68.

An average calendar Q1 2015, swap also lost around US$ 0.45 per MT week on week, US$ 1.00 month on month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.05 (1.84%) higher compared to average Q3 delivery price of US$ 57.00 on 30 May 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 1.95 (3.42%) higher than Q3 14 deliveries for the same period.

Coal swap for delivery Q3 lost US cents 47 (0.80%) on week, US$ 0.95 (1.61%) on month. Q4' 2014 delivery price also lost 1.61% on month for the same period.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved a highest price of US$ 57.68 / MT on 26 May 2014 and has entered its lowest level (US$ 57.00 / MT) on 30 May 2014).

Sub-Bituminous Indonesia coal swaps for Q3,Q4 of 2014 and Q1 2015 were lost on day, week and month. However Q4 2014 as well as Q1 2015 prices are showing a positive move this week.

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



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Recent News

Monday, 05 May 14
SUB BIT-FOB INDONESIA COAL SWAPS LOST GROUND LAST WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports ...


Monday, 05 May 14
API 8 CFR SOUTH CHINA COAL SWAP FOR AVERAGE Q3 14 DELIVERIES: LOST 0.82% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 0.82 percent month on month and closed at US$ 75.20 per mt as o ...


Sunday, 04 May 14
INDONESIA TO INDIA FREIGHT RATES ARE SHOWING POSITIVE TREND
COALspot.com: The freight market is seems to be some recovery as cape index has increased by 7.84 pct week on week. Cape index closed at 1829 po ...


Friday, 02 May 14
ADARO ENERGY STARTS YEAR 2014 WELL DESPITE CURRENT MARKET CONDITIONS
COALspot.com: Adaro Energy, the second largest Indonesian coal miner's revenue increased 14% to US$ 845 million due to higher sales volume, ...


Friday, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...


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