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Tuesday, 12 May 15
FOB RICHARDS BAY COAL SWAPS: LOST W-O-W; GAIN M-O-M
coal barge excavatorCOALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 increased month over month and decreased week over week.

The Q3 swap has increased US$ 2.99 (5.47%) month on month to US$ 57.67 per Mt according to AsiaClear OTC coal swap's reports released on 8 May.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay Coal for (average) Q4' 2015 delivery swap also gained month on month but lost week over week.  According to this past week’s SGX data, the average Q4 swap gains $ 1.68 (3.06%) per MT month on month and lost US$ 1.85 per MT week over week during 4 – 8 May 2015. FOB Richards Bay coal swap Q4’ 2015 delivery closed at US$ 56.55 per MT on 8 May 2015, the data from SGX shows.

Q1' 2016 delivery swap was also increased average US$ 2.20 (4.05%) month over month and closed at US$ 56.50 on 8 May 2015 compared to US$ 54.30 closed on 8 April 2015. FOB Richards Bay coal swap, as per SGX's data, Q3, Q4 and Q1’16 delivery swaps gained month on month and lost week over week.

Q3’15 vs Q1’16
SGX Asia Clear OTC FOB Richards Bay coal Q1' 2016 delivery swap closed US$ 1.17 (2.03%) per MT lower compared to average Q3' 2015 delivery price of US$ 57.67 per MT on 8 May 2015. While, the coal swap for Q4' 2015 delivery, closed average US$ 0.05 (0.09%) per MT higher than swap of Q1' 2016 delivery for the same reported period.

The API4 FOB Richards Bay Coal swap for Q3' 2015 delivery has achieved a highest price of average US$ 58.98 / MT on 4,5 & 6 May 2015 and has entered its lowest level (US$ 57.67 / MT) on 8 May 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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Recent News

Thursday, 16 April 15
INDIA: COAL IMPORTS RISE BY 33 PC TO 240 MT IN FY'15 - PTI
India’s coal imports in the just concluded FY 2015 increased by 33 per cent to about 240 million tonnes. “Coal import have gone up ...


Thursday, 16 April 15
CAPESIZE: THE SUPPLY AND DEMAND SIDE ARE NOW SUFFERING HEAVILY - FEARNLEYS
Handy It seems to be some standoff between owners and charterers in both hemispheres this week. Owners are raising their rates while charterers a ...


Thursday, 16 April 15
Q3 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 55.67 PMT
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month. The Q2 swap has declined US$ 1.90 (3.17%) m ...


Wednesday, 15 April 15
PORT OF NEWCASTLE SHIPPED 13.63 MMT OF COAL IN MARCH; UP 4.41% M-O-M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.227 billi ...


Tuesday, 14 April 15
COAL OUTPUT FALLS AS PRICES CONTINUE TO LAG - JP
Coal output dropped by 21 percent in the first three months of the year as low prices for the commodity forced mining companies to reduce activitie ...


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