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Monday, 09 June 14
INDO SUB-BIT COAL SWAPS FOR Q3,Q4 OF 2014 AND Q1 2015: LOST ON DAY AND MONTH

COALspot.com: Indonesian coal swaps for average Q3’ 2014 continue last week’s trend or 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$ 59.07 per MT on 6 June 2014, or US$ 0.12 Higher compared to 30 May 2014 closing.

Q3' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 56.57 per MT on 6 June 2014, US$ 1.20 lesser than last month (7 May 2014) price and US$ 0.43 lower than a week ago price of US$ 57.00.

An average calendar Q1 2015, swap gained around US$ 0.12 per MT week on week lost US$ 0.33 month on month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.51(2.67%) higher compared to average Q3 delivery price of US$ 58.08 on 6 June 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 2.50 (4.42%) (up week on week) higher than Q3 14 deliveries for the same period.

Coal swap for delivery Q3 lost US cents 43 (0.75%) on week, US$ 1.20 (2.08%) on month. Q4' 2014 delivery price also lost 0.80% month on month for the same period.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved a highest price of US$ 57.37 / MT on 4 June 2014 and has entered its lowest level (US$ 56.57 / MT) on 6 June 2014.

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

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