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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.

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