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Monday, 28 October 13
API 8 CFR SOUTH CHINA COAL FOR Q3'14 DELIVERY LOST ON D-D,W-W & M-M


COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.22 percept M-M on Friday 25 October 2013. The CFR South China Coal swap for delivery Q4'13, Q3’14 and Cal' 14 down on day & month, according to SGX AsiaClear OTC coal swap's reports released week ended 25 October 2013.

SGX has launched SGX Thermal Coal Futures on 21 Oct 2013. SGX’s daily swaps daily report shows that, Q3 2014 & Cal 2014 delivery swaps were lost on day, week and on month.

Q3 2014 delivery price closed at US$ 81.45 a ton on 25 October 2013, a US$ 0.25 lower from last week. Cal 14, API 8 CFR South China coal shipment prices gained US$ 0.10 PMT (0.12 per cent) on week.

API 8 CFR South China Coal swap for average Q3 2014 delivery closed US$ 2.47 (3.12 %) higher compared to average Q4 2013 delivery price of US$ 81.45 on 25 October 2013. In the meantime, the Cal 2014 coal swap has closed US$  1.93 PMT (2.44%) 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$ 79.23) on 24 October 2013. In the meantime, swap experienced a lowest level (US$ 78.73) on 21 October 2013.

API 8 CFR South China Coal swap for year 2014 deliveries show a positive.

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



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