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Monday, 05 May 14
API 8 CFR SOUTH CHINA COAL SWAP FOR AVERAGE Q3 14 DELIVERIES: LOST 0.82% M-O-M


COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 0.82 percent month on month and closed at US$ 75.20 per mt as on Friday 2 May 2014. The CFR South China Coal swap for delivery Q4 2014 lost on day, week and on month according to SGX AsiaClear OTC coal swap's reports released week ended 2 May 2014.

SGX has launched API 8 CFR South China thermal coal futures on 21 Oct 2013.

Q4 delivery swap closed at US$ 75.87 a ton on 2 May 2014, a US$ 0.60 lower from a month and US$ 0.43 lower from a week ago closing of US$ 75.87. API 8 CFR South China coal shipment price for Q1'15 delivery has lost US$ 0.40 month on month.

Q1’15 delivery swap closed at US$ 76.85 pmt on 2 May 2014, a $1.65 higher compared to Q3’ 2014 closing for the same period.

API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 0.67 (0.89%) higher compared to average Q3’ 2014 delivery price of US$ 75.20 on 2 May 2014. In the meantime, the average Q1 2015 coal swap was also closed  2.19 percent (US$ 1.65) higher than Q3’ 2014 swaps for the same period. According to this last week's swaps trend, Q4 2014 and Q1 2015 coal swaps are marginally higher compared to Q3 prices.

API 8 CFR South China Coal for Q3’ 2014 delivery swap was achieved a highest price (US$ 76.15) on 28 April 2014, and swap experienced a lowest closing (US$ 75.20) on 30 April & 2 May 2014.

API 8 CFR South China Coal swaps for deliveries Q4 and Q1 2015 lost on week and on month.

The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.



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