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Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013. The Indonesian coal swaps for average Q1’ 2014 gained on month but lost on day and week, according to AsiaClear OTC coal swap's reports released last Friday.
Sub-Bit FOB Indonesia coal swap for (average) Q1’ 14 delivery was closed at US$ 61.51 per MT or US$ 0.53 lower compared to a week ago closing price of US$ 62.04.
DSP of SGX AsiaClear OTC Coal Swaps - Sub-Bit FOB Indonesia Coal
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Q3' 2014 delivery for the sub-bit Indonesia's coal swap was closed at US$ 60.93 per MT on 13 December 2013, US$ 0.54 lesser than last Friday (6 December 2013) price or US$ 0.44 lower than D-D.
The average Q4 14 (delivery) price lost on day, week and month. Coal swap for Q3’ 14, delivery also lost on day, week and month.
Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3’ 14 delivery closed US$ 0.58 (0.94%) lower compared to average Q1’ 2014 delivery price of US$ 61.51 on 13 December 2013. In the meantime, the average Q4’ 14 coal swap has also closed US$ 0.46 (0.74%) lower than Q1’ 2014 swap for the same period. Sub-Bit FOB Indonesia coal swap for second half of next year moving weak compare to end of 2013 prices or Q1’ 14 delivery price. However Q4 prices are showing a little improvements compare to Q3 closing prices.
Coal swap for delivery Q1’ 2014 lost US$ 0.31 (0.50%) and US$ 0.53 (0.85%) on D-D and W-W respectively. Q4’ 14 delivery price has also lost US$ 0.45 (0.73%) on D-D on 13 December.
The sub-bit Indonesia's coal swap for Q1’ 2014 delivery has achieved highest price (US$ 61.93 / MT) on 9 December 2013. In the meantime, swap has reached its lowest level (US$ 61.51/ MT) on 13 December 2013.
Sub-Bit Indonesia coal swap (delivery Q1’ 2014) up on month but lost on day and week.
Sub-Bit FOB Indonesia coal swap movement in year 2014, particularly Q2 and Q3 swaps directions are not promising and struggling to catch up the grip. Q3 prices were below level of first quarter of next year prices. If the market continues on this trend, then the 2014 coal market may move flat to weak without any significant improvements.
Indonesian parliament and minister of Energy also agreed to full y implement of law no.4/ 2009 by 12 January 2014. Minerals production, process and exports may face a correction if the planned implementation goes as per schedule.
The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.
If you believe an article violates your rights or the rights of others, please contact us.
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Wednesday, 17 September 14
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Monday, 15 September 14
SUB-BIT FOB INDONESIA COAL SWAP, JANUARY 2015 DELIVERY GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.40 (+0.78%) day on day and US$ 0.55 (+1.08%) per mt week on week. The ...
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- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
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- Indonesian Coal Mining Association
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- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Romanian Commodities Exchange
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- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
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- Eastern Energy - Thailand
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
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- Neyveli Lignite Corporation Ltd, - India
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- Ministry of Transport, Egypt
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- Minerals Council of Australia
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- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
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- Aboitiz Power Corporation - Philippines
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- Planning Commission, India
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- Gujarat Electricity Regulatory Commission - India
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- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
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- Trasteel International SA, Italy
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- Wilmar Investment Holdings
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