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Monday, 06 April 15
FOB NEWCASTLE COAL SWAP DECLINED 12% MONTH OVER MONTH
Coal conveyorCOALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 6.23 per MT (-12%) month over month and US$ 0.86 (-1.85%) week on week. The swap was closed at US$ 45.67 on 2 April 2015 compared to a week ago closing of US$ 46.53 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q3' 15 delivery also decreased US$ 6.53 per Mt month on month on 2 April and closed at US$ 44.20 a ton. The swap for average Q4’ 2015 delivery also follows Q2 and Q3 trend and declined month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 30 March – 2 April 2015.

Average Q4’ 2015 delivery swap closed at US$ 43.60 a ton on 2 April 2015, US$ 6.63 (-13.20%) lesser compared to a month ago closing price of US$ 50.23 per mt.

Q2' 2015 Vs Q3’ 2015
API 5 FOB Newcastle coal swap for average Q2’ 2015 delivery closed at US$ 45.67 pmt on 2 April 2015, US$ 1.47 higher than Q3’ 2015 closing price of US$ 44.20 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 2 April 2015.

Q2' 2015 Vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q2’ 2015 delivery closed US$ 2.07 (4.53%) higher compared to average Q4’ 2015 delivery price of US$ 43.60 on 2 April 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 trends once again confirming 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

Wednesday, 01 April 15
SUPRAMAX & HANDY: RATES HELD STEADY TOWARDS THE WEEKEND
“Despite the fact that the Dry Bulk market closed off on the green last week, sentiment didn't improve by any means, not only because of ...


Wednesday, 01 April 15
WEEKLY SHIPPING MARKET UPDATE - INTERMODAL
There is no doubt that we are still witnessing a very challenging and at the same time very uncertain market, both with respect to dry chartering a ...


Wednesday, 01 April 15
Q4' 15 INDONESIA COAL SWAP CLOSED AT $45.15 W/E 27 MARCH 2015
COALspot.com: Indonesian coal swap for delivery Q2' 2015 drops month on month and week over week. The Q2 swap declined US$ 1.54 (3.24%) mo ...


Tuesday, 31 March 15
RICHARDS BAY COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month but increased week on week. The Q2 swap has ...


Monday, 30 March 15
WORST IS OVER FOR THE DRY BULK MARKET, BUT THE PAIN WILL REMAIN FOR YEARS TO COME, SAYS BIMCO CHIEF ANALYST - HELLENIC SHIPPING
The current demise of the dry bulk market isn’t one to go away anytime soon. That doesn’t mean that it can’t improve, with all sh ...


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