Indonesian Coal Swaps Continue to Fall

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.