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Tuesday, 03 March 15
FOB RICHARDS BAY COAL SWAPS: Q2 UP 9.60%; Q3 UP 9.75% W-O-W

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

The Q2 swap has soared US$ 5.52 (+9.60%) month on month to US$ 63.02 per Mt according to AsiaClear OTC coal swap's reports released on 27 February.

FOB Richards Bay Coal Swaps
API 4 FOB Richards Bay Coal for (average) Q3' 2015 delivery also gains month on month.  The average Q3 swap soared $ 5.50  (+9.75%) per MT month on month and US$ 2.10 per MT week over week during 23 - 27 February 2015, the this past week’s SGX data shows. According to available data, FOB Richards Bay coal swap Q3’ 2015 delivery closed at US$ 61.90 per MT on 27 February 2015.

Q4' 2015 delivery swap has follows Q2 and Q3 swaps trend and rose average US$ 5.30 (+9.40%) month over month and closed at US$ 61.70 on 27 February 2015 compared US$ 56.40 closed on 27 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$ 1.12 (-1.78%) per MT lower compared to average Q2' 2015 delivery price of US$ 63.02 per MT on 27 February 2015. while, the coal swap for Q4' 2015 delivery, closed average US$ 1.32 (-2.09%) 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$ 63.02 / MT on 27 February 2015 and has entered its lowest level (US$ 60.40 / MT) on 24 February 2015.
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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