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Monday, 14 April 14
SUB-BIT FOB INDO COAL SWAP FOR Q1' 15 DELIVERY CLOSED AT US$ 60.12 PER MT


COALspot.com: Indonesian coal swaps for average Q4’ 2014 gain on month 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 closed at US$ 60.12 per MT on 11 April 2014, or US$ 0.25 higher compared to 4 April 2014 closing.

Q2' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 57.37 per MT on 11 April 2014, US$ 1.42 higher than last month (11 March 2014) price and US$ 0.30 higher than a week ago price of US$ 57.07.

An average calendar Q1 2015, swaps gained around US$ 1.00 per MT month on month, US$ 0.25 week on week and no change day on day.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.75 (3.05%) higher compared to average Q2 delivery price of US$ 57.37 on 11 April 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 2.75 (4.79%) higher than Q2 14 deliveries for the same period.

Coal swap for delivery Q2 gain US cents 30 (0.53%) on week, US$ 1.42 (2.54%) on month based on last week swaps trend. In the meantime, Q4' 2014 delivery price has lost 0.49% on week and 1.93% on month for the same period.

The sub-bit Indonesia's coal swap for Q2’ 2014 delivery has achieved highest price of US$ 57.37 / MT on 8 - 11 April 2014 and has entered its lowest level (US$ 57.28 / MT) on 7 April 2014).

Sub-Bituminous Indonesia coal swaps for Q4 of 2014 and Q1 2015 are showing positive move this past week swap closings.

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



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