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Tuesday, 02 June 15
FOB RICHARDS BAY COAL SWAPS; Q3'15 CLOSED HIGHER THAN Q1'16
coal excavatorCOALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 up month over month and week over week.

The Q3 swap was up US$ 0.80 (1.37%) month on month to US$ 59.04 per Mt according to AsiaClear OTC coal swap's reports released on 29 May.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay Coal for (average) Q4' 2015 delivery swap also gained week over week but lost month over month. According to this past week’s SGX data, the average Q4 swap gains $ 0.83 (1.47%) per MT week over week and lost US$ 0.44 per MT month on month during 25 - 29 May 2015. FOB Richards Bay coal swap Q4’ 2015 delivery closed at US$ 57.23 per MT on 29 May 2015, the data from SGX shows.

Q1' 2016 delivery swap was also lost average US$ 0.10 (0.17%) month over month and closed at US$ 57.13 on 29 May 2015 compared to US$ 57.23 closed on 29 April 2015. FOB Richards Bay coal swap, as per SGX's data, Q3, Q4 and Q1’16 delivery swaps gained week over week.

Q3’15 vs Q1’16
SGX Asia Clear OTC FOB Richards Bay coal Q1' 2016 delivery swap closed US$ 1.91 (3.24%) per MT lower compared to average Q3' 2015 delivery price of US$ 59.04 per MT on 29 May 2015. While, the coal swap for Q4' 2015 delivery, closed average US$ 0.10 (0.17%) per MT higher than swap of Q1' 2016 delivery for the same reported period.

The API4 FOB Richards Bay Coal swap for Q3' 2015 delivery has achieved a highest price of average US$ 59.04 / MT on 29 May 2015 and has entered its lowest level (US$ 57.97 / MT) on 25 May 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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