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Monday, 23 March 15
Q4' 2015 FOB NEWCASTLE COAL SWAPS DECLINED 6.79% M-O-M; 2.55% W-O-W
coal loaded barge with an excavator on top of coalCOALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.42 per MT (-6.33%) month over month and US$ 1.37 (-2.77%) week on week. The swap was closed at US$ 48.13 on 20 March 2015 compared to a week ago closing of US$ 49.50 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q3' 15 delivery also decreased US$ 3.45 per Mt month on month on 20 March and closed at US$ 47.07 a ton. The swap for average Q4’ 2015 delivery followed Q2 and Q3 trend and falls month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 16 - 20 March 2015.

Average Q4’ 2015 delivery swap closed at US$ 46.65 a ton on 20 March 2015, US$ 3.40 (-6.79%) lesser compared to a month ago closing price of US$ 50.05 per mt.

Q2' 2015 Vs Q3’ 2015
API 5 FOB Newcastle coal swap for average Q2’ 2015 delivery closed at US$ 48.13 pmt on 20 March 2015, US$ 1.06 higher than Q3’ 2015 closing price of US$ 47.07 for the same period. The Q2 delivery price of FOB Newcastle Coal was higher compared to delivery in Q3 and Q4 for the week ended 20 March 2015.

Q2' 2015 Vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q2’ 2015 delivery closed US$ 1.48 (+3.08%) higher compared to average Q4’ 2015 delivery price of US$ 46.65 on 20 March 2015. According to the available data, Q3 as well as Q4 delivery prices were lower compared to Q2 delivery swap for this past week. The swaps movements are once again showing a negative trend and the market is expected to be either flat or weak for the second half of this year compared to the first half of 2015.

Q2, Q3 & Q4 2015 delivery swaps declined month over month and week on week.
Data Source: SGX

The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above is 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, 10 March 15
FOB NEWCASTLE COAL SWAPS HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 0.24 per MT (-0.47%) month over month and US$ 1.52 (-2.93%) we ...


Tuesday, 10 March 15
CFR SOUTH CHINA POWER-STATION COAL SWAPS DECLINE
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery fell US$ 0.42 (-0.74%) per MT month over month and declined US$ 1.00 &nbs ...


Monday, 09 March 15
INDONESIA GREETS INDIA RATE CUT AS GOOD FOR EXPORTS - GLOBEASIA
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Monday, 09 March 15
CHINA'S SUPREME COURT ISSUES NEW JUDICIAL INTERPRETATION ON SHIP ARREST AND JUDICIAL SALE OF SHIPS - GARD
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Monday, 09 March 15
CHINA'S IMPORTS - NEVER MORE IMPORTANT TO SHIPPING? - CLARKSONS
Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off ...


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