Coal news and updates

FOB Indonesia coal swap ; Up week over week

Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, this past week.

The Q3 swap was declined US$ 0.15 (0.34%) per MT month over month according to AsiaClear OTC coal swap's reports released on 22 May 2015, last Friday.

FOB Indonesia coal swap
Sub-bit FOB Indonesia coal swap (average) for the period October - December 2015 delivery also gained week on week.

According to this past week’s SGX data, the average swap was gained US cents 60 per MT week over week on 22 May 2015. The SGX's data further indicated that, FOB Indonesia coal swap for Q1 2016 delivery declined US$ 0.40 (0.90%) per MT month on month and closed at US$ 43.85 per MT. Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly Q3’15 and Q1'16 deliveries declined month over month but gained week over week.

SGX Asia Clear OTC Sub-Bit Indonesia coal Q3 2015 delivery swap closed US$ 0.25 (0.57%) higher compared to average Q1’16 delivery price of US$ 43.85 on 22 May 2015.

The coal swap for Q4 2015 delivery closed at average US$ 0.25 higher compared to Q1 2016 delivery price.

source: http://www.coalspot.com