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Monday, 04 May 15
Q1' 2016 CFR SOUTH CHINA THERMAL COAL SWAP CLOSED HIGH THAN 2015 DERIVATIVES
coal excavatorCOALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.15 (-0.29%) per MT month over month and increased US$ 0.07  (0.14%) per MT week on week.

A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a certain period of time.

According to DSP of SGX AsiaClear thermal coal derivatives, as reported on Friday 1 May 2015, performance of CFR South China Coal swap Q3, Q4 2015 and Q1 2016 delivery swaps were lost month over month and gained w-o-w.

CFR South China Coal swap
CFR South China Coal swap average for Q4' 15 delivery has declined US$ 0.17 per Mt month over month on 1 May 2015 and closed at US$ 51.10 a ton. The swap average for Q1’ 2016 delivery also fell month over month but gained week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 1 May 2015.

Q1’ 2016 delivery swap closed at US$ 51.40 a ton on 1 May 2015 the same level compared to previous week closing and a US$ 0.05 (0.10%) per MT lower from 1 April 2015 closing price of $ 51.45 per MT.

Q3' 2015 vs Q1’ 2016
API 8 CFR South China coal swap average for Q3’15 delivery closed at US$ 50.80 pmt on 1 May 2015 a $ 0.60 lower than Q1 2016 closing price of US$ 51.10 per mt.

Q4' 2015 vs Q1’ 2016
API 8 CFR South China Coal swap average for Q4’ 2015 delivery closed US$ 0.30 (0.59%) per MT lower compared to average Q1’ 2016 delivery price of US$ 51.40 per MT on 1 May 2015.

According to this past week's swaps trend, average for deliveries Q2, Q3 & Q4 2015 were declined month over month and gained week over week. Q4 2015 as well as Q1 2016 coal swaps closed higher than Q3 2015 closing price of US$ 50.80 per MT.
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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Recent News

Tuesday, 14 April 15
SUB-BIT FOB INDONESIA COAL SWAPS FOR Q4 DELIVERY CRASHES THROUGH $44
COALspot.com: Indonesian coal swap for delivery Q2 2015 declined month on month and week over week. The Q2 swap was declined US$ 2.25 (4.77%) ...


Monday, 13 April 15
Q2 FOB NEWCASTLE COAL SWAP CLOSED AT $45.28 PMT; DECLINED 7.50% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.67 per MT (-7.50%) month over month and US$ 0.39 week on wee ...


Monday, 13 April 15
Q4 CFR SOUTH CHINA COAL SWAP CLOSED AT US$ 50.97
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.50 (-8.05%) per MT month over month and US$ 0.12  (-0 ...


Sunday, 12 April 15
INDONESIA TO INDIA FREIGHT RATE IS EXPECTED TO BE SOFT
COALspot.com: The freight market was steady, however the BDI was declined slightly week over week. BDI dropped 1.36 pct and closed at 580 poin ...


Friday, 10 April 15
US COAL PRODUCTION FELL 4.7% W-O-W : EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...


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