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Monday, 23 November 15
CFR SOUTH CHINA COAL SWAPS FALL FURTHER ON LOW DEMAND
 COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.75 (13.99%) 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 20 November 2015, performance of CFR South China Coal swap Q1’ 2016, Q2 & Q3 2016 deliveries were declined month over month and week over week.
CFR South China Coal swap
CFR South China Coal swap average for Q2’ 2016 delivery declined US$ 6.55 per ton month over month on 20 November 2015 closed at US$ 41.70 a ton. The swap average for Q3’ 2016 delivery also decreased month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 20 November2015.
Q3’ 2016 delivery swap closed at US$ 41.80 a ton on 20 November 2015. This past week’s Q3’ 2016 delivery swaps lost US$ 6.45 per ton compared to the closing price of $ 48.25 per ton for the same period last month.
Q1’ 2016, Q2 and Q3’2016 coal swaps declined month on month and week over week.
Q1’ 2016 vs Q3’ 2016
API 8 CFR South China coal swap average for Q1’ 2016 delivery closed at US$ 41.50 per ton on 20 November 2015 a US$ 0.30 lesser than Q3’ 2016 closing price of US$ 42.80 per ton.
Q2’ 2016 vs Q3’ 2016
API 8 CFR South China Coal swap average for Q2’16 delivery closed at US$ 41.70 US cents 10 lesser than Q3’16 delivery price of US$ 41.80 per ton on 20 November2015.
According to this past week's swaps trend, average for Q1, Q2 & Q3’ 2016 deliveries were declined month over month and week over week. Q3’ 2016 coal swaps closed slightly higher than Q1 & Q2’ 2016 closing prices.
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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Thursday, 10 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...
Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
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- The University of Queensland
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- Planning Commission, India
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- Deloitte Consulting - India
- Economic Council, Georgia
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- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Central Electricity Authority - India
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- Kapuas Tunggal Persada - Indonesia
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- Wood Mackenzie - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
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- The Treasury - Australian Government
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- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
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- London Commodity Brokers - England
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- Eastern Coal Council - USA
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- Bhoruka Overseas - Indonesia
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- Minerals Council of Australia
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