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Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
coal mine price downCOALspot.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$ 4.76 (8.26%) month on month to US$ 52.88 per Mt according to AsiaClear OTC coal swap's reports released on 21 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 $ 5.23 (9.06%) per MT Month over month and US$ 1.43 per MT week over week during 17 - 21 August 2015.

FOB Richards Bay coal swap 1Q’ 2016 delivery closed at US$ 52.50 per MT on 21 August 2015, the data from SGX shows.

2Q' 2016 delivery swap was also followed trend of 4Q’15 and 1Q’16. The swap declines an average of US$ 5.14 (8.96%) month over month to US$ 52.23 on 21 August 2015 compared to US$ 57.37 closed on 21 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$ 0.65 (1.23%) per MT lower compared to average 4Q' 2015 delivery price of US$ 52.88 per MT on 21 August 2015. While, the coal swap for 1Q' 16 delivery, closed average US cents 27 (0.51%) per MT higher than 2Q' 2016 delivery price for the same reported period.

The API4 FOB Richards Bay Coal swap for 4Q' 2015 delivery has achieved a highest price of average US$ 53.96 / MT on 17 August 2015 and has entered its lowest level (US$ 52.88 / MT) on 20 & 21 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, 09 September 15
FOB INDONESIA COAL SWAP LOSE GROUND ON SLOWING DEMAND
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week. The 4Q swap declined $ 1.92 (-4.52%) per t ...


Tuesday, 08 September 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO SHOW DECLINING TREND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month. The 4Q swap was down US$ ...


Tuesday, 08 September 15
GANGAVARAM PORT IN INDIA DISCHARGES RECORD 112,599 MT OF STEAM COAL IN 24 HOURS
COALspot.com: Gangavaram Port, an all weather, multipurpose port with water depth up-to 21 meters, capable of handling fully laden Super Cap ...


Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global ...


Monday, 07 September 15
FOB NEWCASTLE COAL SWAP FOR Q2' 16 DELIVERY CLOSED US CENTS 25 LOWER COMPARED TO Q4' 15
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.73 per MT (-1.68%) month over month to US$ 42.65 per mt. The sw ...


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