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Monday, 05 October 15
Q1' 16 CFR SOUTH CHINA COAL SWAP CLOSED US$ 48.05 PER TON
 COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down US$ 0.47 (0.96 %) per ton 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 2 October 2015, performance of CFR South China Coal swap Q4’15, Q1 & Q2 2016 deliveries were declined month over month and week on week.
CFR South China Coal swap
CFR South China Coal swap average for 1Q’16 delivery declined US$ 1.05 per ton month over month on 2 October 2015 closed at US$ 48.05 a ton. The swap average for Q2’ 2016 delivery also decreased month over month, according to SGX AsiaClear OTC coal swap's reports released week ended 2 October 2015.
Q2’ 2016 delivery swap closed at US$ 48.05 a ton on 2 October 2015. This past week’s Q2’ 16 delivery swaps lost US$ 1.05 per ton compared to the closing price of $ 49.10 per ton for the same period last month.
Q4’2015, Q1and Q2’2016 coal swaps declined month on month and week over week.
Q4' 2015 vs Q2’ 2016
API 8 CFR South China coal swap average for Q4’15 delivery closed at US$ 48.53 per ton on 2 October 2015 a US cents 0.53 higher than Q2 2016 closing price of US$ 48.05 per ton.
Q1 vs Q2’ 2016
API 8 CFR South China Coal swap average for Q1’16 delivery closed at US$ 48.05 the same price of Q2’16 delivery price of US$ 48.05 per ton on 2 October 2015.
According to this past week's swaps trend, average for deliveries Q4’15, Q1 & Q2 2016 were declined month over month and week over week. 2016 coal swaps closed slightly lower than Q4 2015 closing price of US$ 48.53 per ton.
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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- Anglo American - United Kingdom
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- IHS Mccloskey Coal Group - USA
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- Eastern Coal Council - USA
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- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
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- Mjunction Services Limited - India
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- Sical Logistics Limited - India
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- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Economic Council, Georgia
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- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
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- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
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- IEA Clean Coal Centre - UK
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- Indian Energy Exchange, India
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- Coal and Oil Company - UAE
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- Renaissance Capital - South Africa
- The Treasury - Australian Government
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- The State Trading Corporation of India Ltd
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