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Monday, 05 May 14
SUB BIT-FOB INDONESIA COAL SWAPS LOST GROUND LAST WEEK


COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month 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$ 59.74 per MT on 2 May 2014, or US$ 0.31 lesser compared to 25 April 2014 closing.

Q3' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 58.03 per MT on 2 May 2014, US$ 0.15 lesser than last month (2 April 2014) price and US$ 0.32 lower than a week ago price of US$ 58.35.

An average calendar Q1 2015, swap also lost around US$ 0.31 per MT week on week, US$ 0.56 month on month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 0.80 (1.38%) higher compared to average Q3 delivery price of US$ 58.03 on 2 May 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 1.69 (2.91%) higher than Q3 14 deliveries for the same period.

Coal swap for delivery Q3 lost US cents 32 (0.55%) on week, US$ 0.15 (0.26%) on month. Q4' 2014 delivery price also lost 0.71% on week and 0.79% on month for the same period.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved highest price of US$ 58.30 / MT on 28 April 2014 and has entered its lowest level (US$ 58.03 / MT) on 2 May 2014).

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

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



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Monday, 27 January 14
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