Coal news and updates

Q3 FOB Indonesia Coal swap price down 50 cents over past week

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

The Q3 swap was climbed by $ 0.42 per ton to US$ 43.70 (0.97%) month over month according to AsiaClear OTC coal swap's reports released on 12 June 2015, last Friday.

FOB Indonesia coal swap
Sub-bit FOB Indonesia coal swap (average) for the period October - December 2015 delivery also gained month on month but lost week over week. According to this past week’s SGX data, the average Q4 swap was up $ 0.82 (1.90%) per MT month on month and lost US cents 13 per mt month on month on 12 June 2015. The SGX's data further shows that, FOB Indonesia coal swap for Q1 2016 delivery gained US$ 0.65 (1.50%) 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, Q4’15 and Q1 '2016 deliveries up month over month and declined week over week.

SGX Asia Clear OTC Sub-Bit Indonesia coal Q3 2015 delivery swap closed US$ 0.27 (0.62%) lower compared to average Q1’16 delivery price of US$ 43.85 on 12 June 2015.

The coal swap for Q4 2015 delivery closed at average US$ 0.15 lower compared to Q1 2016 delivery price.

The sub-bit Indonesia's coal swap for Q3 2015 delivery has achieved a higher price on 8 June 2015 (of US$ 44.08 / MT) and has entered its lowest level (US$ 43.70 / MT) on 12 June 2015.

source: http://www.coalspot.com