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Sunday, 29 September 13
API 8 CFR SOUTH CHINA COAL Q3 2014 DELIVERY SWAP GAINED $1.19 M-O-M


COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.

API 8 CFR South China Coal swaps for average Q4 2013 delivery up 0.05 percept  week on week on Friday 27 September 2013. The CFR South China Coal swap gained on week, but fell on day and month, according to AsiaClear OTC coal swap's reports released week ended 27 September 2013.

According to SGX, daily swaps report, Q3 2014 & Cal 2014 delivery swaps were gained on week and month week ended 27 September 2013.



Q3 2014 delivery price closed at US$ 82.32 a ton on 27 September 2013, a US$ 1.19 higher from a month. Cal 14  API 8 CFR South China coal shipment prices gained US$ 0.99 PMT (1.22 percent) on month.

API 8 CFR South China Coal swap for average Q3 2014 delivery closed US$ 3.25 (4.11%) higher compared to average Q4 2013 delivery price of US$ 79.07 on 27 September 2013. In the meantime, the cal 2014 coal swap has closed US$ 2.53 PMT (3.19 %) higher than Q4 2013 swap for the same period.

API 8 CFR South China Coal for Q4 2013 delivery swap has achieved a highest price (US$ 79.16) on 26 September 2013. In the meantime, swap experienced a lowest level (US$ 78.78) on 23 September 2013.

API 8 CFR South China Coal swap shows a positive move on week and month compared to Indonesian sub-bit coal swaps.

The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.



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