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Monday, 20 January 14
SUB-BIT INDONESIA COAL SWAP SEEN LOWER IN 2ND HALF OF 2014


COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 0.78 pmt month on month on Friday 17 January 2014. The Indonesian coal swaps for average Q1’ 2014 lost on day and month but gained on 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$ 60.83 per MT or US$ 0.04 lower day on day.

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$ 60.30 per MT on 17 January 2014, US$ 0.20 higher than last Friday (10 Jan 2014) price and US$ 0.02 lower than previous day price of US$ 60.32.



The delivery Q4 price lost on day, week and month. Coal swap for Q3’14, delivery gained on week and lost on day and month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3’ 14 delivery closed US$ 0.53 (0.87%) lower compared to average Q1’ 2014 delivery price of US$ 60.83 on 17 January 2014.  In the meantime, the coal swap for Q4 delivery closed average US$ 0.30 (0.49%) lower than Q1 delivery for the same period.

Sub-Bit FOB Indonesia coal swap for second half of 2014 shows weak performance compared to delivery during first half this year.

Coal swap for delivery Q1 lost US$ 0.04 (0.07%) on day and US$ 0.78 (1.27%) on month. Q4’ 14 delivery price has also lost 0.23% on day, 0.12% on week and 0.97% on month as of 10 January 2014.

The sub-bit Indonesia's coal swap for Q1’ 2014 delivery has achieved highest price (US$ 60.87 / MT) the end of week (16 January 2014) and swap has reached its lowest level (US$ 60.00 / MT) on 14 January 2014).

Sub-Bit Indonesia coal swap for delivery Q4’ 2014 shows a weak performance compared to Q1 trend.

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



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