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Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
coal conveyorCOALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap was closed at US$ 41.70 on 21 August 2015 compared to a week ago closing price of US$ 42.82 per MT.

API 5 FOB Newcastle Coal Swap
FOB Newcastle Coal swap average for 1Q’16 delivery also declined by US$ 2.50 per Mt month over month on 21 August and closed at US$ 41.80 a ton. The swap for average 1Q’16 delivery also follows 4Q’15 trend, weak month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 17 – 21 August 2015.

Average 2Q’ 2016 delivery swap closed at US$ 41.80 a ton on 21 August 2015, US$ 2.50 (5.64%) lower compared to a month ago closing price of US$ 44.30 per mt.

4Q' 2015 Vs 2Q’ 2016
API 5 FOB Newcastle coal swap for average 4Q’ 2015 delivery closed at US$ 41.70 pmt on 21 August 2015, US$ 0.10 lower than 2Q’ 2016 closing price of US$ 41.80 per mt.

1Q Vs 2Q’ 2016
API 5 FOB Newcastle coal swap for average 1Q’16 delivery closed at US$ 41.80 pmt on 21 August 2015, same as 2Q’ 2016 closing price of US$ 41.80 per mt.

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

4Q, 1Q & 2Q 2016 delivery swaps declined month over month and week on 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, 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
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


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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