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Wednesday, 14 January 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED 4.51% LOWER COMPARED TO Q1' 15 PRICE

COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.56 per MT (-3.0%) month over month and US$ 1.03 (-2.0%) week over week. The swap was closed at US$ 50.37 on 9 January 2015 compared to a week ago closing of US$ 51.40 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q2' 15 delivery declined US$ 3.39 per mt month on month on 9 January and closed at US$ 48.53 a ton. The swap for average Q4’ 2015 delivery also declined month on month and week over week according to SGX AsiaClear OTC coal swap's reports released week ended 9 January 2015.

Average Q4’ 2015 delivery swap closed at US$ 48.10 a ton on 9 January 2015, a US$ 4.28 (-8.17%) lower compared to closing of 9 December 2014. Average Q4' 15 delivery swap has lost US$ 2.95 per MT week over week.

Q1' 2015 vs Q2’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed at US$ 51.37 pmt on 9 January 2015, US$ 1.84 higher than Q2’ 2015 closing price of US$ 48.53 for the same period.

Q1' 2015 vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed US$ 2.27 (+ 4.51%) higher compared to average Q4’ 2015 delivery price of US$ 48.10 on 9 January 2015. According to the available data, Q2 as well as Q4 delivery prices were significantly lower than Q1 delivery swap prices.

Q1 & Q2 2015 delivery swaps declined on day, week and month.

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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