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Monday, 03 August 15
NEWCASTLE COAL SWAPS DECLINE FURTHER THIS PAST WEEK
coal mineCOALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.92 per MT (-4.22%) month over month to US$ 43.58 per mt. The swap was closed at US$ 43.58 on 31 July 2015 compared to a week ago closing price of US$ 44.05 per MT.

API 5 FOB Newcastle Coal Swap
FOB Newcastle Coal swap average for 1Q’16 delivery also declined by US$ 2.10 per Mt month over month on 31 July and closed at US$ 43.50 a ton. The swap for average 1Q’16 delivery also follows 4Q trend, weak month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 27 - 31 July 2015.

Average 2Q’ 2016 delivery swap closed at US$ 43.50 a ton on 31 July 2015, US$ 2.10 (4.61%) lower compared to a month ago closing price of US$ 45.60 per mt.

4Q' 2015 Vs 2Q’ 2016
API 5 FOB Newcastle coal swap for average 4Q’ 2015 delivery closed at US$ 43.58 pmt on 31 July 2015, US$ 0.08 higher than 2Q’ 2016 closing price of US$ 43.50 per mt.

1Q Vs 2Q’ 2016
API 5 FOB Newcastle coal swap for average 1Q’16 delivery closed at US$ 43.50 pmt on 31 July 2015, same as 2Q’ 2016 closing price of US$ 43.50 per mt.

According to the available data, 1Q as well as 2Q’ 2016 delivery prices were slightly lower compared to 4Q delivery swap for this past week.

4Q, 1Q & 2Q 2016 delivery swaps decline month over month and week over week this past week.
Data Source: SGX

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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Recent News

Tuesday, 28 July 15
INDONESIA DELAYS PLAN TO RAISE COAL ROYALTIES AMID PLUNGING PRICE - JP
The government will postpone a plan to increase royalty payments from coal miners as they are already burdened with the commodity’s plunging ...


Tuesday, 28 July 15
API 5 FOB NEWCASTLE COAL SWAP LOST M-M AND GAINED W-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over month to US$ 44.62 per mt. The swap ...


Monday, 27 July 15
KOMIPO INVITES BIDS FOR TOTAL 545,000 MT OF COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase total 545,000 Metric Tons (MT) of coal ...


Monday, 27 July 15
CFR SOUTH CHINA COAL SWAP WEAK M/M; FIRM W/W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.92 (1.77%) per MT month over month. A commodity swap ...


Sunday, 26 July 15
INDO-INDIA OCEAN COAL FREIGHT RATES REMAIN STEADY
COALspot.com: The freight market continued lost steam towards end of the week and all indices were showing downward trend. The BDI was up by 3 ...


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