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Tuesday, 28 July 15
API 5 FOB NEWCASTLE COAL SWAP LOST M-M AND GAINED W-W
Coal ExcavatorCOALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over month to US$ 44.62 per mt. The swap was closed at US$ 44.62 on 24 July 2015 compared to a week ago closing price of US$ 44.43 per MT.

API 5 FOB Newcastle Coal Swap
FOB Newcastle Coal swap average for Q4' 15 delivery also declined by US$ 1.61 per Mt month over month on 24 July and closed at US$ 44.05 a ton. The swap for average Q4’ 2015 delivery also follows Q3 trend, weak month on month and firm week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 20 - 24 July 2015.

Average Q1’ 2016 delivery swap closed at US$ 43.90 a ton on 24 July 2015, US$ 1.45 (3.20%) lower compared to a month ago closing price of US$ 45.35 per mt.

Q3' 2015 Vs Q1’ 2016
API 5 FOB Newcastle coal swap for average Q3’ 2015 delivery closed at US$ 44.62 pmt on 24 July 2015, US$ 0.72 higher than Q1’ 2016 closing price of US$ 43.90 per mt.

Q4' 2015 Vs Q1’ 2016
API 5 FOB Newcastle coal swap for average Q4’ 2015 delivery closed at US$ 44.05 pmt on 24 July 2015, US$ 0.15 higher than Q1’ 2016 closing price of US$ 43.90 per mt.

According to the available data, Q4 as well as Q1’ 2016 delivery prices were slightly lower compared to Q3 delivery swap for this past week.

Q3 & Q4 2015 delivery swaps decline month over month and increase week over week this past 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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