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Monday, 07 April 14
WEEKLY SUB-BIT FOB INDONESIA COAL SWAP CLAIMS EDGE FALL; TREND NEGATIVE


COALspot.com: Indonesian coal swaps for average Q4’ 2014 lost on month, day and on week according to AsiaClear OTC coal swap's reports released last Friday.

Sub-Bit FOB Indonesia coal swap for (average) Q1’ 15 deliveries were closed at US$ 59.87 per MT on 4 April 2014, or US$ 0.71 lower compared to 28 March 2014 closing.

Q2' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 57.07 per MT on 4 April 2014, US$ 0.16 lower than last month (4 March 2014) price and US$ 0.76 lower than a week ago price of US$ 57.83.

An average calendar Q1 2015, swaps gained around US$ 0.07 per MT month on month, no change day on day and lost US$ 0.71 week on week.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.76 (3.08%) higher compared to average Q2 delivery price of US$ 57.07 on 4 April 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 2.80 (4.91%) higher than Q2 14 deliveries for the same period.

Coal swap for delivery Q2 lost US cents 0.76 (1.31%) on week, US$ 0.16 (0.28%) on month based on last week swaps trend. In the meantime, Q4' 2014 delivery price has lost 1.65% on week and 0.12% on week for the same period.

The sub-bit Indonesia's coal swap for Q2’ 2014 delivery has achieved highest price of US$ 57.70 / MT on 1 April 2014 and has entered its lowest level (US$ 57.07 / MT) on 3 and 4 April 2014).

Sub-Bituminous Indonesia coal swaps for Q4 of 2014 and Q1 2015 are showing a higher closing compared to Q2 closing.

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



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