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Tuesday, 17 February 15
Q2' FOB RICHARDS BAY COAL SWAP CLOSED AT $63.45; $ 1.85 HIGHER COMPARED TO Q4 CLOSING

COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month, week on week and day on day.

The Q2 swap has soared US$ 6.25 (+10.93%) month on month to US$ 63.45 per Mt according to AsiaClear OTC coal swap's reports released on 13 February.

FOB Richards Bay Coal Swaps
API 4 FOB Richards Bay Coal for (average) Q3' 2015 delivery also gains month on month and week on week.  The average Q3 swap soared $ 4.50  (+7.83%) per MT month on month and US$ 1.85 per MT week over week during 9 - 13 February 2015, the past week’s SGX data shows. According to available data, FOB Richards Bay coal swap Q3’ 2015 delivery closed at US$ 62.00 per MT on 13 February 2015.

 



Q4' 2015 delivery swap also follows Q2 and Q3 swaps trend and gain average US$ 0.90 (+5.48%) month over month and closed at US$ 61.60 on 13 February 2015 compared US$ 58.40 closed on 13 January 2015. FOB Richards Bay coal swap, as per SGX's data, particularly for Q2, Q3 and Q4 '2015 deliveries gain month over month and week over week.

Q2 vs Q3
SGX Asia Clear OTC FOB Richards Bay coal Q3' 2015 delivery swap closed US$ 1.45 (-2.29%) per MT lower compared to average Q2' 2015 delivery price of US$ 63.45 per MT on 13 February 2015. In the meantime, the coal swap for Q4' 2015 delivery, closed average US$ 1.85 (-2.92%) per MT lower than swap for Q2' 2015 delivery for the same reported period.

The API 4 FOB Richards Bay Coal swap for Q2' 2015 delivery has achieved a highest price of average US$ 63.45 / MT on 13 February 2015 and has entered its lowest level (US$ 61.10 / MT) on 10 February 2015.

Richards Bay Coal Swap performed negative for last few weeks due to low demand but performed positive since last two weeks. This past week’s swaps gain week on week, and month on month as well as day on day

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, 12 February 15
INDONESIAN COAL PRICE REFERENCE INCHED DOWN 1.44% IN FEBRUARY
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 62.92 pe ...


Thursday, 12 February 15
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Wednesday, 11 February 15
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COALspot.com: The Dry Bulk market remained under pressure last week, while the stabilizing Cape market hardly helped sentiment. Greece based s ...


Wednesday, 11 February 15
BDI HITTING THE ALL-TIME LOW; FFA MARKETS NOT SHOWING ANY POSITIVE SIGNS
With the BDI hitting the all-time low and with FFA markets not showing any positive signs for a possible recovery in the near future, pessimism is ...


Tuesday, 10 February 15
IRON ORE MARKET TO REMAIN OVERSUPPLIED IN 2015: PRICE FORECAST $70/T - WOOD MACKENZIE
COALspot.com: With January witnessing the price of iron ore falling to its lowest levels since May 2009, Roger Emslie,  Principal Metals & ...


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