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Tuesday, 27 January 15
Q2 FOB NEWCASTLE COAL SWAP UP 4.5% W-O-W

COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery declined US$ 0.28 per MT (-0.54%) month over month and increased US$ 1.23 (+3.71%) week over week. The swap was closed at US$ 51.10 on 23 January 2015 compared to a week ago closing of US$ 49.87 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q2' 15 delivery also declined US$ 1.70 per mt month on month on 23 January and closed at US$ 49.25 a ton. The swap for average Q4’ 2015 delivery drop month on month but gain week over week according to SGX AsiaClear OTC coal swap's reports released week ended 23 January 2015.

Average Q4’ 2015 delivery swap closed at US$ 48.53 a ton on 23 January 2015, a US$ 2.52 (-4.94%) lower compared to closing of 23 December 2014. Average Q4' 15 delivery swap has also gained US$ 1.90 per MT week over week.

Q1' 2015 vs Q2’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed at US$ 51.10 pmt on 23 January 2015, US$ 1.85 higher than Q2’ 2015 closing price of US$ 49.25 for the same period.

Q1' 2015 vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed US$ 2.57 (+ 5.03%) higher compared to average Q4’ 2015 delivery price of US$ 48.53 on 23 January 2015. According to the available data, Q2 as well as Q4 delivery prices were significantly lower compared to Q1 delivery swap prices.

Q1, Q2 & Q4 2015 delivery swaps declined on day and month.

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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