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FOB Indonesia Coal swaps continue flat trend line this week

19 Aug 2015

Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.

The 4Q swap was declined $ 0.45 (-1.05%) per ton to US$ 42.40 month over month according to AsiaClear OTC coal swap's reports released on 14 August 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 fell $ 0.50 (1.16%) per MT month on month and US cents 70 per mt week on week on 14 August 2015.

The SGX's data further shows that, FOB Indonesia coal swap for 2Q 2016 delivery lost US$ 0.50 (-1.16%) per MT month on month and closed at US$ 42.55 per MT.

Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly 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$ 0.15 (0.35%) lower compared to average 2Q’16 delivery price of US$ 42.55 on 14 August 2015.

The sub-bit Indonesia's coal swaps for 4Q 2015 shows no movement this whole week ( Monday to Friday last week) and 1Q and 2Q 2016 declined by US cent 5 end of week. Market has almost lost its direction to head.

source: http://coalspot.com