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Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH

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. Q3 delivery swap lost US$ 1.35 per Mt month on month and US$ 0.19 in a week.

In the meantime, sub-bit FOB Indonesia coal swap for (average) Q1’ 15 deliveries lost US$ 0.77 per Mt month on month or US$ 0.49 week on week for the same period. The swap was closed at US$ 58.58 per MT on 13 June 2014, 0.83 percent lower compared to 6 June 2014 closing.

Q4' 2014 delivery for the sub-bituminous Indonesia's coal swap was closed at US$ 57.65 per MT on 13 June 2014, US$ 0.85 lower than last month (13 May 2014) price and US$ 0.43 lower than a week ago price of US$ 58.08.

Asia Clear OTC Sub-Bit Indonesia coal swap for average Q4 delivery closed US$ 1.27 (2.55%) higher compared to average Q3 delivery price of US$ 56.38 on 13 June 2014.  In the meantime, the coal swap for Q1 2015 delivery, closed average US$ 2.20 (3.90%) higher than Q3 14 deliveries for the same period.

Coal swap for delivery Q3 lost 12 US cents on day, 19 US cents on week US$ 1.35 on month. Q4' 2014 delivery swap also lost 1.45% month on month for the same period.

The sub-bit Indonesia's coal swap for Q3’ 2014 delivery has achieved a highest price of US$ 56.60 / MT on 10 June 2014 and has entered its lowest level (US$ 56.38 / MT) on 13 June 2014.

Sub-Bituminous Indonesia coal swaps for Q3,Q4 of 2014 and Q1 2015 were lost on day, week and month. However Q4 2014 as well as Q1 2015 prices are still showing a positive move compared to Q3 swaps.

“Hope for the best, plan for the worst” ― Lee Child

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