Coal news and updates

1Q16 FOB Indonesia Coal swap declined 6.49% m-o-m

Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.

The 4Q swap declined $ 2.29 (-5.42%) per ton to US$ 39.88 month over month according to AsiaClear OTC coal swap's reports released on 18 September 2015, last Friday.

FOB Indonesia coal swap
According to this past week’s SGX data, Sub-bit FOB Indonesia coal swap (average) 1Q swap was also dropped $ 2.75 (6.49%) per MT month on month and US$ 0.65 per mt week on week on 18 September 2015.

The SGX's data further shows that, FOB Indonesia coal swap for 2Q 2016 delivery lost US$ 2.75 (-6.49%) per MT month on month and closed at US$ 39.65 per MT.

Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly 4Q15 1Q and 2Q '2016 deliveries declined month over month and week on week.

SGX Asia Clear OTC Sub-Bit Indonesia coal 4Q 2015 delivery swap closed US$ 0.23 (0.58%) higher compared to average 2Q’16 delivery price of US$ 39.65 on 18 September 2015.

The sub-bit Indonesia's coal swaps for 4Q 2015 lost average $ 0.75 within a week and 1Q and 2Q 2016 declined by US$ 0.65 week over week.

source: http://coalspot.com