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Monday, 13 October 14
Q1' 2015 CFR SOUTH CHINA COAL SWAP CLOSED US$ 0.31 PMT HIGHER THAN Q4' 2014 CLOSING

COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 0.66 (-1.00%) month over month and US$ 0.40 (-0.61%)  week over week.

CFR South China Coal swap
South China Coal swaps for average Q4'14 delivery lost US$ 0.40 per mt week on week on 10 October and closed at US$ 65.42 a ton. The swap for average Q1’ 2015 delivery also lost on month on month, week on week and on day according to SGX AsiaClear OTC coal swap's reports released week ended 10 October 2014.

Average Q1’ 2015 delivery swap closed at US$ 65.73 a ton on 10 October 2014, a US$ 0.74 (-1.08%) lower from a month. Average Q4' 15 delivery swap also lost US$ 1.28 from previous day closing of US$ 68.28 per mt.

API 8 CFR South China coal swap for average Q1’ 2015 delivery closed at US$ 65.73 pmt on 10 October 2014, a $ 0.31 (+0.47%) higher compared to Q4’ 2014 closing price of US$ 65.42 for the same period.

API 8 CFR South China Coal swap for average Q4’ 2015 delivery closed US$ 1.58 (+2.42%) higher compared to average Q4’ 2014 delivery price of US$ 65.42 on 10 October 2014.

According to this past week's swaps trend, average Q1’ 2015 coal swaps gained narrowly compared to average Q4’ 2014 closing. However average Q4’ 2015 closed US$ 1.58 per MT higher compared to Q4’  2014 closing prices. The price increase between Q4’ 14 and Q4’ 15 was not significant to support the market improvement. Coal prices in year 2015 will also be expected similar to current level.

Indonesia, as the largest coal exporter and China is a net coal importer is trying to introduce number of regulations to cut coal exports and imports respectively. China is also to introduce import duty of 6% for thermal coal.

API 8 CFR South China Coal for Q4’ 2014 delivery swap was achieved a highest price (US$ 66.08) on 8 & 9 October 2014, and swap experienced a lowest closing (US$ 65.42) on 10 October 2014.

API 8 CFR South China Coal swaps for delivery Q4’ 2014, Q1 & Q4’ 2015 were lost day, week and on month.



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