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    coal investing

    Indonesian Coal Swaps Continue to Fall

    Investing News Network
    Dec. 31, 2012 08:31AM PST
    Industrial Metals Investing

    Bloomberg reported that Indonesian coal swaps fell for the second day in a row.

    Bloomberg reported that Indonesian coal swaps fell for the second day in a row.

    As quoted in the market report:

    The swap for Indonesian sub-bituminous coal with a calorific value of 4,900 kilocalories a kilogram in the first quarter of 2013 dropped 10 cents to $63.60 a metric ton on a net-as-received basis on Dec. 28, Ginga said in an e-mail today. The January contract declined 10 cents to $63.15.

    To view the whole Bloomberg report, click here.

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