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Monday, 15 September 14
SUB-BIT FOB INDONESIA COAL SWAP, JANUARY 2015 DELIVERY GAINED DAY ON DAY AND WEEK ON WEEK

COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.40 (+0.78%) day on day and US$ 0.55 (+1.08%) per mt week on week. The swap also lost US$ 3.70 (-6.70%) month on month according to AsiaClear OTC coal swap's reports released last Friday.

FOB Indonesia coal swap
Sub-bit FOB Indonesia coal swap for (average) January 2015 delivery gained day on day and week on week and lost US$ 3.25 (-5.80%) per  mt month on month as per closing price on 12 September 2014.

October 2015 delivery swap lost US$ 0.70 (-1.24%) week on week and US$ 2.65 (-4.55%) month on month. The swap gained US$ 0.20 +0.36%) day on day.

Asia Clear OTC Sub-Bit Indonesia coal January 2015 delivery swap closed US$ 1.20 (+2.33%) higher compared to average October 2014 delivery price of US$ 51.55 on 12 September 2014.  In the meantime, the coal swap for October 2015 delivery, closed average US$ 4.05 (+7.86) higher than swap for October 2014 delivery for the same reported period.

On 12 September, coal swap for delivery January 2015 closed US$ 0.30 higher from the previous day closing and US$ 0.10 higher than 5 September 2014 closing of US$ 52.65 per MT.  October 2014 as well as January & October 2015 delivery swaps show a negative trend month on month.

The sub-bit Indonesia's coal swap for October 2014 delivery has achieved a highest price of US$ 51.55 / MT on 12 September 2014 and has entered its lowest level (US$ 51.15 / MT) on 11 September 2014.

Richards Bay Thermal Coal swap
SGX API 4 FOB Richards Bay Thermal Coal swap for delivery October 2014 gained US$ 0.55 week over week and closed at US$ 69.00 on 12 September 2014.  But, January as well as October 2015 delivery swaps failed to perform positive and lost US$ 0.05 and US$ 0.70 respectively week on week.

FOB Richards Bay Thermal Coal swap for October 2014, Jan and Oct 2015 deliveries lost US$ 4.30 (-5.87%), US$ 3.15 (4.22%) and US$ 2.75 (3.58%) month over month on 12 September.

Newcastle Thermal Coal swap
SGX API 5 FOB Newcastle Thermal Coal swaps October 2014 delivery gained US$ 0.45 per MT week on week on 12 September 2014, closed at US$ 54.65 per Mt. October 2015 delivery swaps closed at US$ 57.80, a $ 3.15 higher than October 2014 closing price. October 2014, January as well as October 2015 delivery swaps performed positive week on week.

FOB Newcastle Thermal Coal swaps for October 2014, Jan and Oct 2015 deliveries lost US$ 2.80 (-4.87%), US$ 3.50 (5.93%) and US$ 3.10 (5.09%) month over month on 12 September.

The above article is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Users are advised to refer to the official DSP available through the clearing members.



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Recent News

Thursday, 04 September 14
PUNJAB STATE POWER CORPORATION LIMITED OF INDIA HAS DECIDED TO BUY IMPORTED COAL - HINDUSTAN TIMES
COALspot.com: The Punjab State Power Corporation Limited (PSPCL) has decided to buy imported coal to run its thermal plants, as reported by Hindust ...


Thursday, 04 September 14
INDONESIAN COAL MINERS MAY GET MORE TIME ON ROYALTIES - FITCH RATINGS
COALspot.com: Fitch Ratings says that coal miners in Indonesia are likely to get more time to repay the government the royalties that were set off ...


Thursday, 04 September 14
INDONESIAN COAL SWAPS SLIDE THIS PAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.90 (-1.68%) day on day and US$ 1.80 (-3.31%) per mt week on week. The ...


Thursday, 04 September 14
CAPESIZE : SENTIMENT REMAINS POSITIVE FOR Q3/Q4 - FEARNRESEARCH
Handy The Atlantic market has experienced more activity this week. Rates for TA´s are up about 8% w-o-w, much lead by an increasing number ...


Wednesday, 03 September 14
KOREA MIDLAND POWER CO. LTD INVITES BIDS FOR 1 MMT OF BITUMINOUS & SUB-BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: KOMIPO again in the market for 1 million tons of 5700 NAR and 4600 NAR coal for Jan – March 2015. South Korean state-owned util ...


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