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Tuesday, 14 July 15
FOB NEWCASTLE COAL SWAPS MAINTAIN OVERALL NEGATIVE TONE THIS PAST WEEK
coal excavatorCOALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.02 per MT (-2.23%) month over month to US$ 44.68 per mt. The swap was closed at US$ 44.68 on 10 July 2015 compared to a week ago closing price of US$ 45.85 per MT.

API 5 FOB Newcastle Coal Swap
FOB Newcastle Coal swap average for Q4' 15 delivery also declined by US$ 1.19 per Mt month over month on 10 July and closed at US$ 44.18 a ton. The swap for average Q4’ 2015 delivery also follows Q3 trend, decline month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 6 - 10 July 2015.

Average Q1’ 2016 delivery swap closed at US$ 44.45 a ton on 10 July 2015, US$ 0.75 (1.66%) lower compared to a month ago closing price of US$ 45.20 per mt.

Q3' 2015 Vs Q1’ 2016
API 5 FOB Newcastle coal swap for average Q3’ 2015 delivery closed at US$ 44.68 pmt on 10 July 2015, US$ 0.23 higher than Q1’ 2016 closing price of US$ 44.45 per mt.

Q4' 2015 Vs Q1’ 2016
API 5 FOB Newcastle coal swap for average Q4’ 2015 delivery closed at US$ 44.18 pmt on 10 July 2015, US$ 0.27 lower than Q1’ 2016 closing price of US$ 44.45 per mt.

According to the available data, Q4 as well as Q1’ 2016 delivery prices were slightly lower compared to Q3 delivery swap for this past week.

Q3 & Q4 2015 and Q1 2016 delivery swaps decline month over month and week over week this past week.
Data Source: SGX (updated on 16 July 2015)

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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