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Monday, 20 April 15
FOB NEWCASTLE COAL SWAP GAINED WEEK ON WEEK
coal excavatorCOALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.54 per MT (-7.21%) month over month and gained US$ 0.30 week on week. The swap was closed at US$ 45.58 on 17 April 2015 compared to a week ago closing price of US$ 45.28 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap for average Q3' 15 delivery also decreased US$ 4.08 per Mt month on month on 17 April and closed at US$ 43.82 a ton. The swap for average Q4’ 2015 delivery also follows Q2 and Q3 trend and declined month on month and gained week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 13 - 17 April 2015.

Average Q4’ 2015 delivery swap closed at US$ 43.30 a ton on 17 April 2015, US$ 4.25 (-8.94%) lesser compared to a month ago closing price of US$ 47.55 per mt.

Q2' 2015 Vs Q3’ 2015
API 5 FOB Newcastle coal swap for average Q2’ 2015 delivery closed at US$ 45.58 pmt on 17 April 2015, US$ 1.76 higher than Q3’ 2015 closing price of US$ 43.82 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 17 April 2015.

Q2' 2015 Vs Q4’ 2015
API 5 FOB Newcastle Coal swap for average Q2’ 2015 delivery closed US$ 2.28 (5%) higher compared to average Q4’ 2015 delivery price of US$ 43.30 on 17 April 2015. According to the available data, Q3 as well as Q4 delivery prices were lower compared to Q2 delivery swap for this past week. The swaps trends once again confirming, the market is expected to 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 gained 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

Friday, 22 May 15
FOB INDONESIA COAL Q3'15 SWAP FINISHED THE WEEK UP 38 CENTS TO $43.65 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, past week. The Q3 swap was declined US$ ...


Friday, 22 May 15
U.S WEEKLY COAL PRODUCTION STAYS FLAT AT 16 MMST
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.0 million short ...


Thursday, 21 May 15
PORT OF NEWCASTLE ACHIEVED ITS BEST EVER TOTAL COAL EXPORT TURNOVER OF 159 MILLION TONS IN 2014
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $900 million ...


Thursday, 21 May 15
ATLANTIC PANAMAX MARKET STARTED TO IMPROVE SLOWLY - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week on the green last week, purely on the back of improved Capesize performance, while the rest o ...


Wednesday, 20 May 15
LOWER PRICES SEEN IN NEWBUILDING MARKET ON LOW DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Cash-rich ship owners, or at least, owners with substantial access to financing will be among the prime candidates, who will reap the benefits of t ...


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