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Friday, 20 November 15
NO IMPROVEMENT SEEN IN NEAR-TERM COAL DEMAND; SWAPS CLOSE LOWER
coal excavatorCOALspot.com: Indonesian coal swap for delivery Q1 2016 declined month on month and flat on week over week. Price of coal seen no improvements this past week and expected to continue this trend, at least until end of this year or Q1 2016.

The Q1 2016 swap declined $1.40 (-3.71%) per ton to US$ 36.30 month over month according to AsiaClear OTC coal swap's reports released on 13 November 2015, last Friday.

FOB Indonesia coal swap
According to this past week’s SGX data, sub-bit FOB Indonesia coal swap (average) Q2 2016 swap was also dropped $ 1.80 (4.77%) per ton month on month and flat week on week on 13 November 2015.

The SGX's data further shows that, FOB Indonesia coal swap for Q3 2016 delivery lost US$ 1.70 (-4.51%) per ton month on month and closed at US$ 36.00 per MT.

Sub-bit FOB Indonesia coal swap, as per SGX's data, particularly for Q1 2016, Q2 and Q3 2016 deliveries declined month over month and no change week on week.

SGX Asia Clear OTC Sub-Bit Indonesian coal for Q1 2016 delivery swap closed US$ 0.30 (0.83%) higher compared to average Q3 2016 delivery price of US$ 36.00 on 13 November 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

Monday, 16 November 15
KOMIPO INVITES BIDS FOR 1.295 MILLION TONS OF BITUMINOUS COAL FOR Q1 - Q2'16
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,295,000 Metric Tons (MT) of minimum 4,600 kc ...


Monday, 16 November 15
SOUTH CHINA COAL SWAPS DECLINE CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.05 (12.59%) per ton month over month. A commodity swa ...


Monday, 16 November 15
CLARKSEA INDEX COMPETITION: IS IT ALL IN THE TIMING? - CLARKSONS
Readers of the Shipping Intelligence Weekly are invited each year to predict the value of the ClarkSea Index one year ahead in the first week of No ...


Monday, 16 November 15
DRY BULK MARKET: Q1' 2016 SHAPING UP TO BE A ' DISASTROUS' ONE OF PROJECTED LOWER IRON ORE IMPORTS FROM CHINA
Over the course of the past year or so, it’s been the drop of coal imports from China, which has had a detrimental effect on the course of dr ...


Friday, 13 November 15
WEAK CHINA POWER DEMAND DAMPENS COAL CONSUMPTION - FITCH
The weak growth in China's electricity consumption in 2015, together with increasing non-thermal power generation capacity are exerting more pr ...


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