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Monday, 23 November 15
CFR SOUTH CHINA COAL SWAPS FALL FURTHER ON LOW DEMAND
 COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.75 (13.99%) per ton 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 20 November 2015, performance of CFR South China Coal swap Q1’ 2016, Q2 & Q3 2016 deliveries were declined month over month and week over week.
CFR South China Coal swap
CFR South China Coal swap average for Q2’ 2016 delivery declined US$ 6.55 per ton month over month on 20 November 2015 closed at US$ 41.70 a ton. The swap average for Q3’ 2016 delivery also decreased month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 20 November2015.
Q3’ 2016 delivery swap closed at US$ 41.80 a ton on 20 November 2015. This past week’s Q3’ 2016 delivery swaps lost US$ 6.45 per ton compared to the closing price of $ 48.25 per ton for the same period last month.
Q1’ 2016, Q2 and Q3’2016 coal swaps declined month on month and week over week.
Q1’ 2016 vs Q3’ 2016
API 8 CFR South China coal swap average for Q1’ 2016 delivery closed at US$ 41.50 per ton on 20 November 2015 a US$ 0.30 lesser than Q3’ 2016 closing price of US$ 42.80 per ton.
Q2’ 2016 vs Q3’ 2016
API 8 CFR South China Coal swap average for Q2’16 delivery closed at US$ 41.70 US cents 10 lesser than Q3’16 delivery price of US$ 41.80 per ton on 20 November2015.
According to this past week's swaps trend, average for Q1, Q2 & Q3’ 2016 deliveries were declined month over month and week over week. Q3’ 2016 coal swaps closed slightly higher than Q1 & Q2’ 2016 closing prices.
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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Tuesday, 24 November 15
COAL PRICES SET TO REMAIN UNDER PRESSURE UNTIL 2016 DUE TO OVER SUPPLY GLUT; H1 '16 COAL SWAPS DOWN 13% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $5 per ton (12.05%) month over month to US$ 36.50 per ton. The s ...
Monday, 23 November 15
NEGATIVE 2016 OUTLOOK FOR WESTERN EUROPEAN STEEL - SAYS FITCH RATINGS
COALspot.com: European steel in 2016 are both negative for the sector and for issuer ratings.
This reflects our expectation that import levels ...
Monday, 23 November 15
DRY BULK MARKET: NET FLEET GROWTH IS SLOWING DOWN, AS SHIP OWNERS ARE LOOKING FOR WAYS TO ALLEVIATING MARKET MELTDOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been in “meltdown” mode for a few weeks now, unable to find support and avoid the fall in historical lows. As s ...
Monday, 23 November 15
CS50 COAL INDEX CLOSED AT $40.27 PER TON; FELL 0.15% FROM LAST WEEK
COALspot.com: The 5700 GAR CS (i) coal index fell by US cents 3 per ton week over week on 20 November 2015. CS 57 (5700 GAR coal) index closed at U ...
Sunday, 22 November 15
INDONESIA TO INDIA FREIGHT RATES TO REMAIN DULL NEXT WEEK
COALspot.com: The BDI was down to historical lows closing at 498 points which is down by almost 95.77 per cent compared to 11,800 points in 2008.
...
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- Medco Energi Mining Internasional
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- Indian Oil Corporation Limited
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- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
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- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
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- Sical Logistics Limited - India
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- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
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- Sarangani Energy Corporation, Philippines
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- Electricity Generating Authority of Thailand
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- Indian Energy Exchange, India
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- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
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- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- VISA Power Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
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- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Planning Commission, India
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