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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

Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com -  The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT  M-o- ...


Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...


Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended  0700 hours 10 December 2012, Newc ...


Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...


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