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Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained  0.17 percent on on D-o-D, according to the data released by AsiaClear OTC coal swaps.

Sub-Bit FOB Indonesia coal swaps for September delivery opened on Monday (30 July  2012) at US$ 61.49 pmt and closed on Friday (3 August 2012) at $ 62.33 gained around $ 0.84 pmt. The Q4 deliveries and Cal 13 deliveries also gained  $0.93 and $1.07 respectively. The Indonesian coal swaps performed well last week.


Cal 2013 deliveries for  Sub-Bit Indonesia coal was traded average at $ 69.09 pmt on 3 August 2012, which is $ 6.76 higher than September delivery price.

CFR South China coal shipments to China for September delivery gained 0.12 percent DoD and 0.17 percent WoW on Friday.

Sub-Bit FOB Indonesia coal contracts for September 2012 delivery closed at US$ 62.33 on Friday ( 3 August 2012) compared to US$ 61.49 Monday opening, gained US$ 0.84 per MT. In the meantime, CFR South China coal September delivery gained only US$ 0.14 pmt WoW on Friday (3 August) closed at US$ 81.82 against US$ 81.68 Monday Opening.

CFR South China coal, Q4 delivery lost 0.46 percent WoW but gained 0.12 percent DoD. Sub-Bit FOB Indonesia coal contracts gained 1.47 percent or US$ 0.93 pmt WoW, but gained only 0.15 percent DoD and closed at US$ 64.14.


CFR South China delivery (Q4 2012) has closed US$ at $ 83.18 compared to US$ 83.57 opening on Monday (30 July 2012).

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

Sub-Bit FOB Indonesia coal contracts and CFR South China coal for Cal 2013 deliveries closed at $ 69.09 pmt $ 88.58 pmt respectively on Friday. Cal 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal are $ 6.67 and $ 6.76 higher compared to September deliveries.

Year 2013, showing a positive direction for coal prices.



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Recent News

Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size. The BDI was marg ...


Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...


Thursday, 23 August 12
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Thursday, 23 August 12
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