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Monday, 22 June 15
CFR SOUTH CHINA COAL SWAP: UP MONTH OVER MONTH; DOWN WEEK OVER WEEK
coal conveyorCOALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.30 (0.58%) per MT month over month.

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 19 June 2015, performance of CFR South China Coal swap Q3, Q4 2015 and Q1 2016 delivery swaps were rose month over month but declined week over week.

CFR South China Coal swap
CFR South China Coal swap average for Q4' 15 delivery climbed US$ 0.31 per Mt month over month on 19 June 2015 and closed at US$ 52.28 a ton. The swap average for Q1’ 2016 delivery also advanced month over month, according to SGX AsiaClear OTC coal swap's reports released week ended 19 June 2015.

Q1’ 2016 delivery swap closed at US$ 52.60 a ton on 19 June 2015 US$ 0.05 lower compared to previous week closing and a US$ 0.25 (0.48%) per MT higher from 19 May 2015 closing price of $ 52.35 per MT.

Q3' 2015 vs Q1’ 2016
API 8 CFR South China coal swap average for Q3’15 delivery closed at US$ 51.93 pmt on 19 June 2015 a $ 0.67 lower than Q1 2016 closing price of US$ 52.60 per mt.

Q4' 2015 vs Q1’ 2016
API 8 CFR South China Coal swap average for Q4’ 2015 delivery closed US$ 0.32 (0.61%) per MT lower compared to average Q1’ 2016 delivery price of US$ 52.60 per MT on 19 June 2015.

According to this past week's swaps trend, average for deliveries Q3, Q4 & Q1 2016 were soar month over month but declined week over week. Q4 2015 as well as Q1 2016 coal swaps closed slightly higher than Q3 2015 closing price of US$ 51.93 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

Monday, 08 June 15
SHIPPING FLEET GROWTH HAS STARTED TO SLOW DOWN, AS NEWBUILDINGS AMOUNT TO JUST 329 SHIPS OF ALL TYPES SINCE THE START OF 2015 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Challenging market conditions have led to the inevitable reconsideration of ship owners’ priorities. Uncertainty has been the norm over the p ...


Monday, 08 June 15
API 5 FOB NEWCASTLE COAL SWAPS ADVANCED M-O-M AND W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery increased US$ 0.65 per MT (1.44%) month over month to US$ 45.65 per mt. The ...


Monday, 08 June 15
Q3'15 CFR SOUTH CHINA COAL SWAP ADVANCED 3.51% TO $52.48 PMT THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 1.78 (3.51%) per MT month over month. A commodity swap is a ...


Sunday, 07 June 15
PANAMAX INDEX ROSE OVER 13% THIS WEEK
COALspot.com: The freight market was up on all segments this past week. The BDI was advanced 3.56% and closed at 610 points. The Cape Index was cli ...


Friday, 05 June 15
U.S PRODUCED 15.1 MMST OF COAL THIS PAST WEEK; LESS 20.7% COMPARED TO SAME PERIOD IN 2014
COALspot.com – United States the second largest coal producer in the world has produced approximately totalled an estimated 15.1 million shor ...


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