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Tuesday, 21 April 15
FOB RICHARDS BAY COAL SWAP MOVE UP SLIGHTLY
coal price upCOALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 increased slightly month over month.

The Q2 swap has increased US$ 0.21 (0.36%) month on month to US$ 58.68 per Mt according to AsiaClear OTC coal swap's reports released on 17 April.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay Coal for (average) Q3' 2015 delivery swap also gained month on month.  According to this past week’s SGX data, the average Q3 swap gains $ 0.40 (0.71%) per MT month on month and US cents 93 per MT week over week during 13 - 17  April 2015. FOB Richards Bay coal swap Q3’ 2015 delivery closed at US$ 56.60 per MT on 17 April 2015, the data from SGX shows.

Q4' 2015 delivery swap has declined average US$ 0.13 (0.23%) month over month and closed at US$ 56.27 on 17 April 2015 compared to US$ 56.40 closed on 17 March 2015. FOB Richards Bay coal swap, as per SGX's data, particularly for Q2, Q3 deliveries gained month on month but Q4 '2015 delivery swap decline.

Q2 vs Q3
SGX Asia Clear OTC FOB Richards Bay coal Q3' 2015 delivery swap closed US$ 2.08 (3.54%) per MT lower compared to average Q2' 2015 delivery price of US$ 56.68 per MT on 17 April 2015. While, the coal swap for Q4' 2015 delivery, closed average US$ 2.41 (4.11%) per MT lower than swap of Q2' 2015 delivery for the same reported period.

The API4 FOB Richards Bay Coal swap for Q2' 2015 delivery has achieved a highest price of average US$ 58.68 / MT on 17 April 2015 and has entered its lowest level (US$ 57.97 / MT) on 13 April 2015.
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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