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Tuesday, 03 February 15
FOB NEWCASTLE COAL SWAP FOR Q4 DELIVERY CLOSED 5.86% LOWER THAN Q1 PRICE

COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery rose US$ 0.26 per MT (+0.51%) week over week and declined US$ 0.02 (-0.04%) month on month. The swap was closed at US$ 51.36 on 30 January 2015 compared to a week ago closing of US$ 51.10 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q2' 15 delivery declined US$ 1.23 per mt month on month on 30 January and closed at US$ 49.72 a ton. The swap for average Q4’ 2015 delivery fell month on month but up week over week according to SGX AsiaClear OTC coal swap's reports released week ended 30 January 2015.

Average Q4’ 2015 delivery swap closed at US$ 48.35 a ton on 30 January 2015, a US$ 2.70 (-5.29%) lower compared to closing of 30 December 2014. Average Q4' 15 delivery swap also fell US$ 0.18 per MT week over week.

Q1' 2015 vs Q2’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed at US$ 51.36 pmt on 30 January 2015, US$ 1.64 higher than Q2’ 2015 closing price of US$ 49.72 for the same period.

Q1' 2015 vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q1’ 2015 delivery closed US$ 3.01 (+ 5.86%) higher compared to average Q4’ 2015 delivery price of US$ 48.35 on 30 January 2015. According to the available data, Q2 as well as Q4 delivery prices were significantly lower compared to Q1 delivery swap.

Q1, Q2 & Q4 2015 delivery swaps declined month over 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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