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Monday, 05 January 15
CFR SOUTH CHINA COAL SWAPS GAINED WEEK OVER WEEK, SGX DATA SHOWS

COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 2.50 (-4.02%) month over month and gained US$ 0.20 (+0.34%) week on week. According to DSP of SGX AsiaClear thermal coal derivatives, CFR South China Coal swap performance was marginally flat to strong this past week compared to last week’s performance. Q1, Q2 and Q4 delivery swaps were up by between US$ 0.20 – US$ 0.55 per MT.

CFR South China Coal swap
South China Coal swaps for average Q2' 15 delivery lost US$ 2.25 per mt month over month on 2 January 2015 and closed at US$ 59.55 a ton. The swap for average Q1’ 2015 delivery lost month on month but gained week over week according to SGX AsiaClear OTC coal swap's reports released week ended 2 January 2015.

Average Q4’ 2015 delivery swap closed at US$ 59.90 a ton on 2 January 2015, a US$ 2.40 (-3.85%) lower from 2 December 2014 closing price of $ 62.30. In the meantime, average Q4' 15 delivery swap has gained US$ 0.55 week over week as per last week’s data.

Q1' 2015 vs Q2’ 2015
API 8 CFR South China coal swap for average Q1’ 15 delivery swaps closed at US$ 59.62 pmt on 2 January 2015 a $ 0.07 higher than Q2’ 15 closing price of US$ 59.55.

Q1' 2015 vs Q4’ 2015
API 8 CFR South China Coal swap for average Q1’ 2015 delivery closed US$ 0.28 (-0.47%) lower compared to average Q4’ 2015 delivery price of US$ 59.90 on 2 January 2015.

According to this past week's swaps trend, average Q1, Q2 & Q4 2015 coal swaps lost month over month but gained week on week.

The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Readers are advised to refer to the official DSP available through the clearing members.



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Recent News

Tuesday, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
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Tuesday, 13 January 15
Q2 CFR SOUTH CHINA COAL SWAP DECLINED 8.66% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined by US$ 3.48 (-5.73%) month over month and US$ 2.35 (-3.94%) week ...


Tuesday, 13 January 15
Q1' 2015 RICHARDS BAY COAL SWAP SLIGHTLY HIGHER THAN Q2 & Q4 2015 SWAPS
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 lost month on month and week over week. The Q1 swap has lost US$ 7.21 ...


Monday, 12 January 15
COAL: LOW PRICES ARE EXPECTED TO DRIVE A SUPPLY-DRIVEN RECOVERY IN THE MEDIUM TERM - SGX
COALspot.com: Thermal coal prices dropped to six-year lows in 2014 driven by persistent oversupply, SGX says in its “ Commodities 2014 - A ye ...


Monday, 12 January 15
FREIGHT MARKET: 2015 FLEET SUPPLY GROWTH IS EXPECTED TO REMAIN SLIGHTLY AHEAD OF CARGO GROWTH - SGX
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