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Monday, 04 May 15
FOB NEWCASTLE COAL SWAP Q1'16 PRICES SLIGHTLY LOWER COMPARED TO Q3'15 PRICE
coal processing conveyorCOALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 1.38 per MT (3.12%) month over month and US$ 0.93 week on week. The swap was closed at US$ 45.58 on 1 May 2015 compared to a week ago closing price of US$ 44.65 per MT.

API 5 FOB Newcastle Coal swap
FOB Newcastle Coal swap average for Q4' 15 delivery gained US$ 1.22 per Mt month on month on 1 May and closed at US$ 44.82 a ton. The swap for average Q4’ 2015 delivery also follows Q3 trend and gained month on month and week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 27 April – 1 May 2015.

Average Q1’ 2016 delivery swap closed at US$ 44.80 a ton on 1 May 2015, US$ 1.30 (2.99%) higher compared to a month ago closing price of US$ 44.30 per mt.

Q3' 2015 Vs Q1’ 2016
API 5 FOB Newcastle coal swap for average Q3’ 2015 delivery closed at US$ 45.58 pmt on 1 May 2015, US$ 0.78 higher than Q1’ 2016 closing price of US$ 44.80. The Q4 delivery price of FOB Newcastle Coal was slightly higher or almost flat compared to delivery price of Q1’ 2016 for the week ending 1 May 2015.

Q4' 2015 Vs Q1 2016
API 5 FOB Newcastle Coal swap for average Q4’ 2015 delivery closed US$ 0.02 (0.04%) higher or almost flat compared to average Q1’ 2016 delivery price of US$ 44.80 on 1 May 2015.

According to the available data, Q4 as well as Q1’ 2016 delivery prices were lower compared to Q3 delivery swap for this past week. However the gap between the Q3 and Q4 as well as Q1 2016 narrowed to lesser than US$ 0.80 per mt. The Q4 and Q1 2016, market is expected to be either flat or weak compared to Q3.

Q3 & Q4 2015 and Q1 2016 delivery swaps increased 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, 18 May 15
FOB NEWCASTLE COAL SWAPS SCORE MONTHLY GAINS
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.87 per MT (1.99%) month over month and lost US$ 0.03 week on w ...


Monday, 18 May 15
Q1' 16 API 8 CFR SOUTH CHINA COAL SWAP CLOSED HIGHER THAN Q3' 15 CLOSING PRICE
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.05 (2.10%) per MT month over month and US$ 0.53  (1.05%) pe ...


Sunday, 17 May 15
INDONESIA - INDIA FREIGHTS RATES EXPECTED TO FLAT TO SOFT NEXT WEEK
COALspot.com: The BDI was up by 10.45% and closed at 634 points week on week, while the Cape index saws big jump or up almost 55% for the same peri ...


Friday, 15 May 15
DRY BULK AND CONTAINER SHIPPING TO REMAIN WEAK, OUTLOOK FOR PORTS AND TANKERS POSITIVE - DREWRY MARITIME EQUITY RESEARCH
Global economy is in a gradual recovery mode, sending mixed signals to investors. Chinese economic data continues to remain weak as economy transit ...


Friday, 15 May 15
COAL PRODUCTION IN U.S DOWN 1.4 MILLION TONS FOR THE WEEK ENDING MAY 8
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.0 million short ...


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