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Tuesday, 24 March 15
RICHARDS BAY COAL SWAP FOR DELIVERY Q2 CLOSED $ 1.87 HIGHER COMPARED TO Q3 CLOSING PRICE
coal conveyorCOALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.

The Q2 swap has dropped US$ 3.60 (5.90%) month on month to US$ 57.37 per Mt according to AsiaClear OTC coal swap's reports released on 20 March.

FOB Richards Bay Coal Swaps
API 4 FOB Richards Bay Coal for (average) Q3' 2015 delivery also lost its advance month on month and week over week.  The average Q3 swap lost $ 4.30 (7.19%) per MT month on month and US$ 1.80 per MT week over week during 16 - 20 March 2015, the this past week’s SGX data shows. According to available data, FOB Richards Bay coal swap Q3’ 2015 delivery closed at US$ 55.50 per MT on 20 March 2015.

Q4' 2015 delivery swap has follows Q2 and Q3 swaps trend and declined average US$ 3.90 (6.53%) month over month and closed at US$ 55.80 on 20 March 2015 compared US$ 59.70 closed on 20 February 2015. FOB Richards Bay coal swap, as per SGX's data, particularly for Q2, Q3 and Q4 '2015 deliveries declined month over month  as well as week on week.

Q2 vs Q3
SGX Asia Clear OTC FOB Richards Bay coal Q3' 2015 delivery swap closed US$ 1.87 (3.26%) per MT lower compared to average Q2' 2015 delivery price of US$ 57.37 per MT on 20 March 2015. While, the coal swap for Q4' 2015 delivery, closed average US$ 1.57 (2.74%) 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$ 58.93 / MT on 16 March 2015 and has entered its lowest level (US$ 57.37 / MT) on 20 March 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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