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Tuesday, 22 July 14
SUB-BIT FOB INDONESIA COAL Q3' 14 DOWN 5.21%; Q4' 14 DOWN 3.56%; Q1' 15 DOWN 4.75% M-O-M

COALspot.com: Indonesian coal swaps for average Q3’ 2014 flat on day, weak week on week and on month according to AsiaClear OTC coal swap's reports released last Friday. No price recovery is expected in near future as coal prices are still showing a downward trend. Q3 delivery swap lost US$ 2.93 per ton month on month and US$ 0.66 week on week.

In the meantime, sub-bit FOB Indonesia coal swap for (average) Q1’ 15 deliveries lost US$ 2.77 per mt month on month for the same period. The swap was closed at US$ 55.50 per MT on 18 July  2014, 0.75 percent lower compared to 11 July 2014 closing.

Q4' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 54.25 per mt on 18 July  2014, US$ 2.00 lower than last month (18 June  2014) price and US$ 0.55 lower than a week ago price of US$ 54.80.

Asia Clear OTC Sub-Bit Indonesia coal Q4 delivery swap closed just US$ 0.93 (1.74%) higher compared to average Q3 delivery price of US$ 53.32 on 18 July 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 2.18 (4.09%) higher than swap for Q3 14 deliveries for the same period.

Coal swap for delivery Q3 unchanged from previous day and lost US$ 0.66 on a week.  Q4' 2014 delivery swap also lost week on week and month on month.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved a highest price of US$ 54.10 / MT on 14 July 2014 and has entered its lowest level (US$ 53.32 / MT) on 17 & 18 July 2014. Sub-Bit FOB Indonesia Coal lost US$ 7.21 per MT or 11.91 percent since 17 January 2014.

Sub-Bituminous Indonesia coal swaps for Q4 of 2014 and Q1 2015 were lost on day, week and month.

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



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Recent News

Friday, 19 September 14
PRICES FOR DRY BULK CARRIERS HAVEN'T CORRECTED ENOUGH, DESPITE LOWER THAN EXPECTED FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lot has been said and written about the looming dry bulk market recovery over the past few months. However, even if this hasn’t been materi ...


Thursday, 18 September 14
INDONESIA'S JULY COAL EXPORT VOLUME DROPPED 5.13% M-O-M
COALspot.com:  Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.65* ...


Thursday, 18 September 14
PANAMAX : US GULF/CHINA FRONTHAUL ARE NOW PAYING TYPICALLY 14.5K + 450K BB - FEARNRESEARCH
Handy We still see a firming tendency in the Atlantic and it is still ECSA and USG leading on. USG/Cont now up in about USD 17/18k for a Smax whi ...


Thursday, 18 September 14
ELECTRONIC BILLS OF LADING: A GUIDE TO PAPERLESS TRADING WHICH HAS TAKEN THE SHIPPING INDUSTRY BY STORM
Bimco has recently developed and published a charter party clause that specifically addresses the use of electronic bills of lading. Increasing use ...


Wednesday, 17 September 14
PANAMAX: LIMITED INTEREST IN BOTH BASINS; RISING TONNAGE - INTERMODAL
With the week starting off at a fast pace and with the positive momentum from the previous Friday seemingly sticking around for a bit longer, most ...


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