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Monday, 16 September 13
INDONESIAN SUB-BIT COAL SWAP STRUGGLING TO FINDS THE RIGHT PATH

 
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery down 0.75 percept  month on month on Friday 13 September 2013. The Indonesian coal swap was flat on day, but fell on week and month, according to AsiaClear OTC coal swap's reports released this week.

Sub-Bit FOB Indonesia coal swap for (average) Q4 2013 delivery was closed at US$ 59.05 per MT or US$ 0.35 lower compared to the same period last week.

DSP of SGX AsiaClear OTC Coal Swaps - Sub-Bit FOB Indonesia Coal
Q3 2014 delivery for the sub-bit Indonesia's coal swap was closed at US$ 61.73 per MT on 13 September 2013, US$ 0.12 lower than last Friday (6 September 2013). The average Cal 2014 delivery price fell month on month, week on week but flat on day.

Coal swap for Q3 2014, delivery fell on week and month, but flat on day.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3 2014 delivery closed US$  2.68 (4.53%) higher compared to average Q4 2013 delivery price of US$ 59.05 on 13 September 2013.  In the meantime, the average cal 2014 coal swap has closed US$ 1.85 (3.13 %) higher than Q4 2013 swap for the same period.

Coal swap for Q4 2013 & Cal 2014 delivery, gained US$ 0.45 (0.75%) and US$ 0.48 (0.78%) month on month respectively on Friday, 13 September 2013.

The sub-bit Indonesia's coal swap for Q4 2013 delivery has achieved highest price (US$ 59.24 / MT) on 9 September 2013. In the meantime, swap has reached its lowest level (US$ 58.98 / MT) on 10 September 2013.

Sub-Bit Indonesia coal swaps were ended with flat to weak position. Strong supply and less demand together put the pressures on prices of Indonesian coal for last few weeks. According to Fitch Ratings, the oversupply of coal will be expected at least until 2014. Hence the pressures on coal prices are also expected to continue at least until 2014.

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Recent News

Tuesday, 15 October 13
CHINA COAL IMPORTS TO KEEP GROWING IN THE YEARS TO COME, ALBEIT AT A SLOWER RATE - EVA TZIMA / NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Tuesday, 15 October 13
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COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 6.50 per cent week on week to 3.19 million mt for ...


Monday, 14 October 13
MEMR OF INDONESIA SETS THE COAL'S SPOT PRICE AT US$ 76.61 FOR OCT'13 DELIVERY
COALspot. com - The Indonesian government has revised down government declared coal bench mark price by US$ 0.28/ MT to US$ 76.61 for October 2013 d ...


Monday, 14 October 13
CARBON POLICIES UNLIKELY TO PREVENT A COAL-FUELLED WORLD - WOOD MACKENZIE
China will propel coal growth but US, Europe and Asia will sustain global demand. At the World Energy Congress (WEC) today Wood Mackenzie's Pres ...


Sunday, 13 October 13
Q4'13 DELIVERY SUB-BIT INDO COAL SWAP FALLS SEVEN STRAIGHT WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 1.72 percept  month on month on Friday 11 October 201 ...


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