Skip to content
Subscriber Only

Indonesian Coal Swaps Gain a Second Day, China Prices Unchanged

Swaps prices gained a second day for thermal coal from Indonesia, the world’s largest exporter of the fuel, according to Ginga Petroleum Singapore Pte. China contracts dropped.

The swap for Indonesian sub-bituminous coal with a calorific value of 4,900 kilocalories a kilogram in the second quarter rose 5 cents to $65.75 a metric ton on a net-as-received basis on Jan. 25, Ginga said in an e-mail today. The contract for February gained 5 cents to $64.55 a ton.