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Monday, 16 March 15
API 5 FOB NEWCASTLE COAL SWAPS: DECLINED
An excavator and coal mineCOALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 2.48 per MT (-4.77%) month over month and US$ 0.93 (-1.84%) week on week. The swap was closed at US$ 49.50 on 13 March 2015 compared to a week ago closing of US$ 50.43 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q3' 15 delivery also decreased US$ 2.77 per Mt month on month on 13 March and closed at US$ 48.25 a ton. The swap for average Q4’ 2015 delivery also lost month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 9 - 13 March 2015.

Average Q4’ 2015 delivery swap closed at US$ 47.87 a ton on 13 March 2015, US$ 2.53 (-5.02%) lesser compared to a month ago closing price.

Q2' 2015 Vs Q3’ 2015
API 5 FOB Newcastle coal swap for average Q2’ 2015 delivery closed at US$ 49.50 pmt on 13 March 2015, US$ 1.25 higher than Q3’ 2015 closing price of US$ 48.25 for the same period. The Q2 delivery price of FOB Newcastle Coal was higher compared to delivery in Q3 and Q4 for the week ended 13 March 2015.

Q2' 2015 Vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q2’ 2015 delivery closed US$ 1.63 (+3.29%) higher compared to average Q4’ 2015 delivery price of US$ 47.87 on 13 March 2015. According to the available data, Q3 as well as Q4 delivery prices were lower compared to Q2 delivery swap. The swaps movements are once again confirming that, the market will be either flat or weak for the second half of this year compared to the first half of 2015.

Q2, Q3 & Q4 2015 delivery swaps declined month over month and week on week.
Data Source: SGX

The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above is 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, 23 March 15
CFR SOUTH CHINA COAL SWAP: Q3 DELIVERY HAS FALLEN 7.93% MONTH-ON-MONTH
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.09 (-7.06%) per MT month over month and US$ 2.00  (-3 ...


Monday, 23 March 15
SEABORNE WORLD COAL TRADE: GROWTH +5% - GERMAN COAL IMPORTER ASSOCIATION
Hard Coal Market 2014: Despite The Energy Turnaround, Hard Coal Imports To Germany Rise By More Than 6%, Although Hard Coal-Fired Power Generation ...


Sunday, 22 March 15
DRY BULK RATES CONTINUED TO RISE THIS WEEK
COALspot.com: The freight market was steady this week as all the segments increased after many weeks of weak trend. The Baltic Dry Index (BDI) ...


Friday, 20 March 15
HARD COAL MARKET 2014: DESPITE THE ENERGY TURNAROUND, HARD COAL IMPORTS TO GERMANY RISE BY MORE THAN 6% (PART 1)
Hard Coal Market 2014: Despite The Energy Turnaround, Hard Coal Imports To Germany Rise By More Than 6%, Although Hard Coal-Fired Power Generation ...


Friday, 20 March 15
U.S. WEEKLY COAL PRODUCTION SHOWS 5.9% INCREASE WEEK OVER WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.5 million short tons (mmst) of coal ...


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