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Monday, 12 October 15
CFR SOUTH CHINA COAL SWAPS GAIN W-W; SLIGHTLY DOWN M-M
Coal DozerCOALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 3 (0.06 %) 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 9 October 2015, performance of CFR South China Coal swap Q4’15, Q1 & Q2 2016 deliveries were slightly declined month over month.

CFR South China Coal swap
CFR South China Coal swap average for 1Q’16 delivery declined US$ 0.60 per ton month over month on 9 October 2015 closed at US$ 48.60 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 9 October 2015.

Q2’ 2016 delivery swap closed at US$ 48.60 a ton on 9 October 2015. This past week’s Q2’ 16 delivery swaps lost US$ 0.60 per ton compared to the closing price of $ 49.20 per ton for the same period last month.

Q4’2015, Q1and Q2’2016 coal swaps declined month on month and increased week over week.

Q4' 2015 vs Q2’ 2016
API 8 CFR South China coal swap average for Q4’15 delivery closed at US$ 49.05 per ton on 9 October 2015 a US cents 0.45 higher than Q2 2016 closing price of US$ 48.60 per ton.

Q1 vs Q2’ 2016
API 8 CFR South China Coal swap average for Q1’16 delivery closed at US$ 48.60 the same price of Q2’16 delivery price of US$ 48.60 per ton on 9 October 2015.

According to this past week's swaps trend, average for deliveries Q4’15, Q1 & Q2 2016 were declined month over month and increased week over week. 2016 coal swaps closed slightly lower than Q4 2015 closing price of US$ 49.05 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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Recent News

Tuesday, 20 October 15
FOB RICHARDS BAY COAL SWAPS SINK INTO RED THIS PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month. The Q4 swap was down US$ ...


Tuesday, 20 October 15
API 5 FOB NEWCASTLE COAL SWAP CLOSED NEGATIVE
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $1.23 per ton (2.86%) month over month to US$ 41.80 per ton. The ...


Monday, 19 October 15
RUSSIA MAJOR COAL MINER KRU CUTS 4.5 MLN T/YR "UNPROFITABLE" EURO SALES - JACQUELINE HOLMES
COALspot.com: Kuzbassrazrezugol (KRU), one of Russia's largest producers of high-quality coal, plans to cut its coal exports in 2016 by about 4 ...


Monday, 19 October 15
CFR SOUTH CHINA COAL SWAP CLOSED AT $48.68 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 55 (1.12 %) per ton month over month. A commodity ...


Monday, 19 October 15
KOMIPO SEEKS 1.28 MILLION T/Y COAL FOR DEC 2015 - Q2 2016
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,280,000 Metric Tons (MT) of minimum 4,600 kc ...


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