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Monday, 20 July 15
CFR SOUTH CHINA COAL SWAPS GAIN WEEK OVER WEEK
 COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 1.18 (2.27%) per MT month over month.
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 17 July 2015, performance of CFR South China Coal swap Q4 2015 and Q1 2016 deliveries were declined month over month.
CFR South China Coal swap
CFR South China Coal swap average for Q4' 15 delivery declined US$ 1.80 per Mt month over month on 17 July 2015 and closed at US$ 50.48 a ton. The swap average for Q1’ 2016 delivery also fell month over month, according to SGX AsiaClear OTC coal swap's reports released week ended 17 July 2015.
Q1’ 2016 delivery swap closed at US$ 50.65 a ton on 17 July 2015 US$ 1.95 from 17 June 2015 closing price of $ 52.60 per MT. Q3, Q4’ 2015 and Q1’2016 coal swaps increased week over week.
Q3' 2015 vs Q1’ 2016
API 8 CFR South China coal swap average for Q3’15 delivery closed at US$ 50.75 pmt on 17 July 2015 a $ 0.10 higher than Q1 2016 closing price of US$ 50.65 per mt.
Q4' 2015 vs Q1’ 2016
API 8 CFR South China Coal swap average for Q4’ 2015 delivery closed US$ 0.17 (0.34%) per MT lower compared to average Q1’ 2016 delivery price of US$ 50.56 per MT on 17 July 2015.
According to this past week's swaps trend, average for deliveries Q3,Q4 & Q1 2016 were declined month over month and gained week over week. Q4 2015 as well as Q1 2016 coal swaps closed slightly lower than Q3 2015 closing price of US$ 50.75 per MT.
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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- Parry Sugars Refinery, India
- White Energy Company Limited
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- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
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- Planning Commission, India
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- Metalloyd Limited - United Kingdom
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- Australian Coal Association
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- IEA Clean Coal Centre - UK
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- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
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- Agrawal Coal Company - India
- Central Electricity Authority - India
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- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
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- Edison Trading Spa - Italy
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- New Zealand Coal & Carbon
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- Standard Chartered Bank - UAE
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- Rashtriya Ispat Nigam Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Mjunction Services Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- The Treasury - Australian Government
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- Jaiprakash Power Ventures ltd
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- IHS Mccloskey Coal Group - USA
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- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
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- Malabar Cements Ltd - India
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- Toyota Tsusho Corporation, Japan
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- Commonwealth Bank - Australia
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