Coal news and updates

Indonesia Coal swaps have continued to decline, falling almost 7% m-o-m

Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.

The Q4 swap declined $ 2.23 (-5.51%) per ton to US$ 38.25 month over month according to AsiaClear OTC coal swap's reports released on 2 October 2015, last Friday.

FOB Indonesia coal swap
According to this past week’s SGX data, Sub-bit FOB Indonesia coal swap (average) Q1’16 swap was also dropped $ 2.85 (7%) per MT month on month and US$ 1.55 per mt week on week on 2 October 2015.

The SGX's data further shows that, FOB Indonesia coal swap for Q2 2016 delivery lost US$ 2.85 (-7%) per MT month on month and closed at US$ 37.85 per MT.

Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly Q4’15 Q1 and Q2 '2016 deliveries declined month over month and week on week.

SGX Asia Clear OTC Sub-Bit Indonesia coal Q4 2015 delivery swap closed US$ 0.40 (1.05%) higher compared to average Q2’16 delivery price of US$ 37.85 on 2 October 2015.

The sub-bit Indonesia's coal swaps for Q4 2015, Q1 and Q2 2016 lost average $ 1.55 within a week.

source: http://coalspot.com