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Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
coal conveyorCOALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.

The 4Q swap was down US$ 3.80 (6.57%) month on month to US$ 54.07 per Mt according to AsiaClear OTC coal swap's reports released on 14 August 2015.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay coal for (average) 1Q 2016 delivery swap also declines month over month and week over week.

According to this past week’s SGX data, the average Q1 swap declined $ 4.14 (7.13%) per MT Month over month and US$ 0.82 per MT week over week during 10 - 14 August 2015.

FOB Richards Bay coal swap 1Q’ 2016 delivery closed at US$ 53.93 per MT on 14 August 2015, the data from SGX shows.

2Q' 2016 delivery swap was also followed trends of 4Q’15 and 1Q’16. The swap declines an average of US$ 4.03 (6.97%) month over month to US$ 53.80 on 14 August 2015 compared to US$ 57.83 closed on 14 July 2015. FOB Richards Bay coal swap, as per SGX's data, 4Q’15, 1Q and 2Q’16 delivery swaps declined week over week and month on month.

4Q’15 vs 2Q’16
SGX Asia Clear OTC FOB Richards Bay coal 2Q' 2016 delivery swap was closed US$ 0.27 (0.50%) per MT lower compared to average 4Q' 2015 delivery price of US$ 54.07 per MT on 14 August 2015. While, the coal swap for 1Q' 16 delivery, closed average US cents 13 (0.24%) per MT higher than swap of 2Q' 2016 delivery for the same reported period.

The API4 FOB Richards Bay Coal swap for 4Q' 2015 delivery has achieved a highest price of average US$ 55.48 / MT on 10 August 2015 and has entered its lowest level (US$ 54.07 / MT) on 14 August 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

Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week. The 4Q swap was decli ...


Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...


Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...


Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...


Monday, 17 August 15
INDONESIAN THERMAL COAL REFERENCE PRICE HITS RECORD LOW AGAIN!
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT fo ...


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