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Monday, 11 August 14
INDONESIAN THERMAL COAL SWAPS SEEING SOME POSITIVE TREND

COALspot.com: Indonesian coal swaps for average September 2014 increased US$ 0.20 (+0.36%) day on day and US$ 1.30 (+2.41%) per mt week on week. The swap was also gained US$ 0.45 (+0.82%) month on month according to AsiaClear OTC coal swap's reports released last Friday.

Sub-bit FOB Indonesia coal swap for (average) January 2015 delivery also followed September trend by gaining US$ 0.65 per mt (+1.15%) day on day, US$ 1.20 (+2.15%) week over week and US$ 0.15 (+0.26%) month on month as per closing price on 8 August 2014.

September 2015 delivery just lost US$ 0.75 (-1.25%) month on month, but, the swaps gained US$ 0.40 (+0.68%) and US$ 0.75 (+1.28%) day on day and week on week respectively.

Asia Clear OTC Sub-Bit Indonesia coal January 2015 delivery swap closed US$ 1.60 (+2.89%) higher compared to average September 2014 delivery price of US$ 55.35 on 8 August 2014.  In the meantime, the coal swap for September 2015 delivery, closed average US$ 3.90 (+7.05%) higher than swap for September 2014 delivery for the same reported period.

Coal swap for delivery January 2015 on 8 August closed US$ 0.65 higher from previous day closing and US$ 1.25 higher than 1 August 2014 closing of US$ 55.75 per MT.  September 2014 delivery swap shows a positive trend day on day, week on week as well as month on month.

The sub-bit Indonesia's coal swap for September 2014 delivery has achieved a highest price of US$ 55.45 / MT on 5 August 2014 and has entered its lowest level (US$ 55.05 / MT) on 4 August 2014.

SGX API 4 FOB Richards Bay Thermal Coal swap also gained US$ 0.45 day on day and closed at US$ 73.50 on 8 August 2014.  SGX API 5 FOB Newcastle Thermal Coal swap gained US$ 0. 40 per MT day on day on 8 August 2014, closed at US$ 57.20 per Mt.

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



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Recent News

Friday, 19 September 14
PRICES FOR DRY BULK CARRIERS HAVEN'T CORRECTED ENOUGH, DESPITE LOWER THAN EXPECTED FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lot has been said and written about the looming dry bulk market recovery over the past few months. However, even if this hasn’t been materi ...


Thursday, 18 September 14
INDONESIA'S JULY COAL EXPORT VOLUME DROPPED 5.13% M-O-M
COALspot.com:  Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.65* ...


Thursday, 18 September 14
PANAMAX : US GULF/CHINA FRONTHAUL ARE NOW PAYING TYPICALLY 14.5K + 450K BB - FEARNRESEARCH
Handy We still see a firming tendency in the Atlantic and it is still ECSA and USG leading on. USG/Cont now up in about USD 17/18k for a Smax whi ...


Thursday, 18 September 14
ELECTRONIC BILLS OF LADING: A GUIDE TO PAPERLESS TRADING WHICH HAS TAKEN THE SHIPPING INDUSTRY BY STORM
Bimco has recently developed and published a charter party clause that specifically addresses the use of electronic bills of lading. Increasing use ...


Wednesday, 17 September 14
PANAMAX: LIMITED INTEREST IN BOTH BASINS; RISING TONNAGE - INTERMODAL
With the week starting off at a fast pace and with the positive momentum from the previous Friday seemingly sticking around for a bit longer, most ...


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