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Monday, 06 April 15
CFR SOUTH CHINA COAL SWAP FALL CONTINUES
Coal ExcavatorCOALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.96 (-10.37%) per MT month over month and US$ 0.98  (-1.87%) per MT week on week.

A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a certain period of time.

According to DSP of SGX AsiaClear thermal coal derivatives, as reported on Thursday 2 April 2015, performance of CFR South China Coal swap remain weak this past week. Q2, Q3 and Q4 delivery swap were lost around US$ 6.40 per MT month over month and around $1 w-o-w.

CFR South China Coal swap
South China Coal swap for average Q3' 15 delivery has also declined US$ 6.40 per Mt month over month on 2 April 2015 and closed at US$ 50.95 a ton. The swap for average Q4’ 2015 delivery also fell month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 2 April 2015.

Average Q4’ 2015 delivery swap closed at US$ 51.27 a ton on 2 April 2015 a US$ 1.11 lesser than previous week closing and a US$ 6.38 (11.07%) per MT lower from 2 March 2015 closing price of $ 57.65.

Q2' 2015 vs Q3’ 2015
API 8 CFR South China coal swap for average Q2’15 delivery swaps closed at US$ 51.52 pmt on 2 April 2015 a $ 0.57 higher than Q3’ 15 closing price of US$ 50.95.

Q2' 2015 vs Q4’ 2015
API 8 CFR South China Coal swap for average Q2’ 2015 delivery closed US$ 0.25 (0.49%) per MT higher compared to average Q4’ 2015 delivery price of US$ 51.27 on 2 April 2015.

According to this past week's swaps trend, average Q2, Q3 & Q4 2015 coal swaps were declined month over month and week over week. Hope for sooner coal-price recovery is still dim.
Data Source: SGX

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, 05 May 15
OVERSUPPLY PUTTING INDONESIAN COAL PRICES UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q3 2015 lost week over week and month on month, this past week. The Q3 swap was declined US$ 1 ...


Tuesday, 05 May 15
FOB RICHARDS BAY COAL SWAPS MOVE NORTH THIS PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 increased month over month and week over week. The Q3 swap has increas ...


Monday, 04 May 15
FOB NEWCASTLE COAL SWAP Q1'16 PRICES SLIGHTLY LOWER COMPARED TO Q3'15 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 1.38 per MT (3.12%) month over month and US$ 0.93 week on week. ...


Monday, 04 May 15
Q1' 2016 CFR SOUTH CHINA THERMAL COAL SWAP CLOSED HIGH THAN 2015 DERIVATIVES
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.15 (-0.29%) per MT month over month and increased US$ 0.07 ...


Sunday, 03 May 15
DRY BULK INDICES WEAKEN SLIGHTLY THIS WEEK
COALspot.com: The freight market was flat to weak for the week starting from 27 April. The BDI was fell  around 2.17% closed at 580 points. ...


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