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Monday, 20 January 14
THE CFR SOUTH CHINA COAL MARKET APPEARS TO HAVE LOST DIRECTION


COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 4.25 percept month on month and closed at US$ 79.48 per mt as on Friday 17 January 2014. The CFR South China Coal swap for delivery Q3’14 lost on day, week and month according to SGX AsiaClear OTC coal swap's reports released week ended 17 January 2013.

SGX has launched SGX Thermal Coal Futures on 21 Oct 2013.

Q3 delivery swap closed at US$ 78.95 a ton on 17 January 2014, a US$ 0.05 lower from a week and US$ 0.15 lower from previous day closing. Q3 delivery swap also lost US$ 2.40 month on month. API 8 CFR South China coal shipment price for delivery Q4, lost US$ 1.65 on month and gained $ 0.10 on day and $ 0.25 on week. Q4’ 14 delivery swaps closed at US$ 79.90 pmt on 17 January 2014.



API 8 CFR South China Coal swap for average Q3’ 2014 delivery closed US$ 0.53 (0.67%) lesser compared to average Q1’ 2014 delivery price of US$ 79.48 on 17 January 2014. In the meantime, the average Q4 2014 coal swap was also closed US$ 0.42 PMT (0.53%) lower than Q1’ 2014 swap for the same period. According to this week swaps movements, Q3 coal swap shows a slight decline compared to Q1 prices. Q4 delivery price also shows a slight recovery compared to last week.

API 8 CFR South China Coal for Q1’ 2014 delivery swap was achieved a highest price (US$ 79.48) on 17 January 2014, and swap experienced a lowest level (US$ 79.07) on 14 January 2014.

API 8 CFR South China Coal swaps for deliveries Q1, Q3 & Q4 fell month. The market is expected to improve post lunar year celebration.

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



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Friday, 17 January 14
SPOT COAL PRICE TRENDS IN US VARY ACROSS KEY BASINS DURING 2013, SAYS EIA
COALspot.com: Spot steam coal price trends in US varied across key basins in 2013, a latest EIA report says. Compared with 2012, while total coal de ...


Thursday, 16 January 14
PANAMAX : THE GAP BETWEEN SPOT AND PERIOD HAS INCREASED IN BOTH HEMISPHERES - FEARNRESEARCH
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Thursday, 16 January 14
SHIP OWNERS SCRAP 1,119 SHIPS DURING 2013 ON THE BACK OF OVERSUPPLY ISSUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Scrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply o ...


Wednesday, 15 January 14
KOREA MIDLAND POWER CO INVITES BIDS FOR 360K MT OF SUB-BITUMINOUS COAL FOR ITS BORYEONG PLANT
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 360,000 Metric Tons (MT) of sub-bituminous ...


Wednesday, 15 January 14
CFR SOUTH CHINA COAL SWAPS FALL BY 6.57% MONTH ON MONTH
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 6.57 percept month on month and closed at US$ 78.90 per mt as ...


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