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Monday, 26 May 14
SUB-BIT FOB INDO COAL SWAP Q1' 15 DELIVERIES CLOSED AT US$ 59.40 PER MT

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$ 59.40 per MT on 23 May 2014, or US$ 0.05 lesser compared to 16 May 2014 closing.

Q3' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 57.68 per MT on 23 May 2014, US$ 0.47 lesser than last month (23 April 2014) price and US$ 0.05 lower than a week ago price of US$ 57.73.

An average calendar Q1 2015, swap also lost around US$ 0.05 per MT week on week, US$ 0.48 month on month.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 0.84 (1.46%) higher compared to average Q3 delivery price of US$ 57.68 on 23 May 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 1.72 (2.98%) higher than Q3 14 deliveries for the same period.

Coal swap for delivery Q3 lost US cents 5 (0.09%) on week, US$ 0.47 (0.81%) on month. Q4' 2014 delivery price also lost 0.85% on month for the same period.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved a highest price of US$ 57.75 / MT on 22 May 2014 and has entered its lowest level (US$ 57.68 / MT) on 23 May 2014).

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

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



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