Coal news and updates

FOB Indonesia Coal swap lose ground on slowing demand

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

The 4Q swap declined $ 1.92 (-4.52%) per ton to US$ 40.48 month over month according to AsiaClear OTC coal swap's reports released on 4 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 diminished $ 1.90 (4.46%) per MT month on month and US$ 0.10 per mt week on week on 4 September 2015.

The SGX's data further shows that, FOB Indonesia coal swap for 2Q 2016 delivery lost US$ 1.90 (-4.46%) per MT month on month and closed at US$ 40.70 per MT.

Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly Q4’15, 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$ 0.22 (0.54%) lower compared to average 2Q’16 delivery price of US$ 40.70 on 4 September 2015.

The sub-bit Indonesia's coal swaps for 4Q 2015 lost just average $ 0.14  within a week and 1Q and 2Q 2016 declined by US$ 0.10 week over week.

source: http://coalspot.com