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Tuesday, 29 April 14
Q4 SUB-BIT INDONESIA COAL SWAP CLOSED US$ 1.07 HIGHER COMPARED TO Q2 DELIVERY PRICE


COALspot.com: Indonesian coal swaps for average Q2’ 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$ 60.03 per MT on 25 April 2014, or US$ 0.31 higher compared to 17 April 2014 closing.

Q2' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 58.18 per MT on 25 April 2014, US$ 0.68 higher than last month (25 March 2014) price and US$ 0.65 higher than a week ago price of US$ 57.53.

An average calendar Q1 2015, swap also gained around US$ 0.31 per MT week on week, US$ 0.08 day on day and negligible increased on month on month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.07 (1.84%) higher compared to average Q2 delivery price of US$ 58.18 on 25 April 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 1.85 (3.18%) higher than Q2 14 deliveries for the same period.

Coal swap for delivery Q2 gains US cents 65 (1.13%) on week, US$ 0.68 (1.18%) on month. Q4' 2014 delivery price also gained 0.68% on week and 0.22% on month for the same period.

The sub-bit Indonesia's coal swap for Q2’ 2014 delivery has achieved highest price of US$ 58.18 / MT on 25 April 2014 and has entered its lowest level (US$ 57.53 / MT) on 21 April 2014).

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

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