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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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Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


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