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Monday, 27 April 15
CFR SOUTH CHINA COAL SWAP SLOWLY IMPROVED THIS PAST WEEK
Coal excavatorCOALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 0.74 (-1.41%) per MT month over month and increased US$ 0.43  (0.84%) 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 Friday 24 April 2015, performance of CFR South China Coal swap Q2, Q3 and Q4 delivery swap were lost month over month and gained w-o-w.

CFR South China Coal swap
CFR South China Coal swap average for Q3' 15 delivery has declined US$ 1.32 per Mt month over month on 24 April 2015 and closed at US$ 50.73 a ton. The swap average for Q4’ 2015 delivery also fell month over month but gained week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 24 April 2015.

Q4’ 2015 delivery swap closed at US$ 51.05 a ton on 24 April 2015 a US$ 0.77 higher than previous week closing and a US$ 1.28 (2.45%) per MT lower from 24 March 2015 closing price of $ 52.33.

Q2' 2015 vs Q3’ 2015
API 8 CFR South China coal swap average for Q2’15 delivery closed at US$ 51.78 pmt on 24 April 2015 a $ 1.05 higher than Q3’ 15 closing price of US$ 50.73 per mt.

Q2' 2015 vs Q4’ 2015
API 8 CFR South China Coal swap average for Q2’ 2015 delivery closed US$ 0.73 (1.41%) per MT higher compared to average Q4’ 2015 delivery price of US$ 51.05 per MT on 24 April 2015.

According to this past week's swaps trend, average for deliveries Q2, Q3 & Q4 2015 were declined month over month and gained week over week.
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, 10 February 15
SUB-BIT FOB INDONESIA COAL SWAP ADVANCES 3.79% WEEK ON WEEK
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month. The Q2 swap up US$ 0.85 (+1.81%) month o ...


Tuesday, 10 February 15
FOB NEWCASTLE COAL SWAPS SURGE WEEK OVER WEEK, RAISING HOPES?
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 0.95 per MT (+1.91%) week over week and declined US$ 0.06 (-0.12%) ...


Monday, 09 February 15
AUSTRALIAN COAL PRODUCERS BEST POSITIONED IN OVERSUPPLIED MARKET; US MINES MOST AT RISK - WOOD MACKENZIE
In a 2015 global coal outlook report, Wood Mackenzie says that Australia and Indonesian coal suppliers will see some upside in the difficult months ...


Monday, 09 February 15
FOB RICHARDS BAY COAL SWAP GAINS 3.65% TO ONE-MONTH HIGH
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month and day on day. The Q2 swap has soared US$ 2.1 ...


Monday, 09 February 15
Q2' CFR SOUTH CHINA COAL SWAP DECLINED 3.28% TO $ 56.92 W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 1.93 (-3.28%) per MT month over month and US$ 0.10  (-0 ...


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