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Bloomberg reported that sub-bituminous coal swap contracts from Indonesia fell along with prices for China deliveries.
Bloomberg reported that sub-bituminous coal swap contracts from Indonesia fell along with prices for China deliveries.
As quoted in the market news:
The June 2012 contract for Indonesian sub-bituminous coal with a heating value of 4,900 kilocalories a kilogram fell 60 cents to $73.90 a metric ton on a net as-received basis yesterday, according to data from the energy broker. Swaps for the third quarter of 2012 were $1 lower at $73 a ton.
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