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Tuesday, 20 October 15
FOB RICHARDS BAY COAL SWAPS SINK INTO RED THIS PAST WEEK
coal excavatorCOALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.

The Q4 swap was down US$ 2.69 (5.16%) month on month to US$ 49.41 per Mt according to AsiaClear OTC coal swap's reports released on 16 October 2015.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay coal for (average) Q1 2016 delivery swap also declined month over month and  week over week.

According to this past week’s SGX data, the average Q1’16 swap declined $ 2.40 (4.64%) per MT Month over month and US$ 1.06 per MT week over week during 12 - 16 October 2015.

FOB Richards Bay coal swap Q1’ 2016 delivery closed at US$ 49.35 per MT on 16 October 2015, the data from SGX shows.

Q2' 2016 delivery swap was also followed trend of Q4’15 and Q1’16.

The Q2’16 swap declines an average of US$ 2.74 (5.35%) month over month to US$ 48.43 on 16 October 2015 compared to US$ 51.17 closed on 16 September 2015. FOB Richards Bay coal swap, as per SGX's data, Q4’15, Q1 and Q2’16 deliveries declined month on month and week over week.

Q4’15 vs Q2’16
SGX Asia Clear OTC FOB Richards Bay coal Q2' 2016 delivery swap was closed US$ 0.98 (1.98%) per MT lower compared to average Q4' 2015 delivery price of US$ 49.41 per MT on 16 October 2015. While, the coal swap for Q1' 16 delivery, closed average US cents 92 (1.86%) per MT higher than Q2' 2016 delivery price for the same reported period.

The API4 FOB Richards Bay Coal swap for Q4' 2015 delivery has achieved a highest price of average US$ 50.01 / MT on 12 October 2015 and has entered its lowest level (US$ 49.35 / MT) on 14 October 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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Recent News

Thursday, 15 October 15
Q1' 16 FOB RICHARDS BAY COAL SWAP ADVANCED 2 PER CENT WEEK OVER WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gain week over week and declined month over month. The Q4 swap was dow ...


Tuesday, 13 October 15
DRY BULK SHIPPING FLEET NET EXPANSION WAS 1.3% DURING THIRD QUARTER, BUT ORDERBOOK REDUCED TO 17% OF THE TRADING FLEET
If the dry bulk market is to rebound on a sustainable level, it needs to limit the tonnage expansion, at least until demand picks up again, as Chin ...


Tuesday, 13 October 15
FOB NEWCASTLE COAL SWAP DECLINED 2 PER CENT MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.46 per ton (1.08%) month over month to US$ 42.17 per ton. The ...


Monday, 12 October 15
CFR SOUTH CHINA COAL SWAPS GAIN W-W; SLIGHTLY DOWN M-M
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 3 (0.06 %) per ton month over month. A commodity ...


Monday, 12 October 15
DRY BULK SHIPPING: MARKETS ARE SLOWLY IMPROVING FROM A VERY LOW LEVEL AS THE DEMAND SIDE FALTERS - HELLENIC SHIPPING NEWS
The dry bulk market is in the midst of a shift in demand patterns, which coupled with a tonnage supply overhang, has been facing headwinds over the ...


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