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Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON


COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to China also fell drastically compared to Monday opening.

The August contract for sub-bituminous coal  for loading from Indonesia lost average US$ 0.23 to $62.27 a metric ton within a day transaction yesterday, according to the data received in an e-mail today. Swaps for the fourth quarter also fell average US$ 0.43 to $64.22 a ton yesterday. Indonesian sub-bituminous coal prices fell 1.98 percent between Monday opening and Tuesday closing and CFR South China coal for August delivery fell 2.93 percent for the same period.

CFR South China Coal  in August slid average $ 2.52 to $83.48 a ton yesterday compared to Monday opening, according to SGX.  The swap for the fourth quarter delivery  also dropped US$ 1.47 to $85.88 a ton.

According to Indonesian coal players around  60 percent of Indonesia’s coal is classified as sub- bituminous grade with medium to higher moisture levels and a medium to lower heating value.

Indonesian government declared coal reference price also lost around 9.41 percent in July compared to June HBA.  The government has set the July HBA at US$ 87.56 per mt with gross Calorific value at 6322 on GAR basis and Total Moisture at 8%.

The July 2012, declared HBA lost 25.95 percent YoY.



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Recent News

Monday, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment  ...


Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments. The BDI was up by 6.70 pct closed at 843 points,  ...


Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...


Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...


Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com -  The Indonesian government has declared bench mark price for coal has moved upwards in March 2013. The monthly coal reference ...


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