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Monday, 21 December 15
Q3' 2016 CFR SOUTH CHINA COAL SWAP CLOSED SLIGHTLY LOWER COMPARE TO Q1'16 CLOSING PRICE
coal conveyorCOALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery up US$ 0.20 (0.48%) 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 18 December 2015, performance of CFR South China Coal swap Q2 & Q3 2016 deliveries were declined month over month and gained week over week. Q1’16 delivery prices up slightly m-o-m and w-o-w.

CFR South China Coal swap
CFR South China Coal swap average for Q2’ 2016 delivery declined US$ 0.15 per ton month over month on 18 December 2015 to US$ 41.95 a ton. The swap average for Q3’ 2016 delivery decreased month over month and up week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 18 December 2015.

Q3’ 2016 delivery swap closed at US$ 41.95 a ton on 18 December 2015. This past week’s Q3’ 2016 delivery coal price lost US$ 0.25 per ton compared to the closing price of $ 42.20 per ton for the same period last month.

Q2 and Q3’2016 coal swaps declined month on month but up week over week.

Q1’ 2016 vs Q3’ 2016
API 8 CFR South China coal swap average for Q1’ 2016 delivery closed at US$ 42.20 per ton on 18 December 2015 a US$ 0.25 higher than Q3’ 2016 closing price of US$ 41.950 per ton.

Q2’ 2016 vs Q3’ 2016
API 8 CFR South China Coal swap average for Q2 & Q3’16 delivery prices closed at US$ 41.95 per ton on 18 December 2015.

Q1’ 2016 coal swaps closed slightly higher than Q2 & Q3’ 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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Recent News

Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...


Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...


Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
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Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...


Friday, 12 December 14
U.S WEEKLY COAL PRODUCTION UP 3.4% W/E DECEMBER 6
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.6 million short tons (mmst) of coal ...


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