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Tuesday, 08 December 15
Q1' 16 API 5 FOB NEWCASTLE COAL SWAP CLOSED AT $ 36.73 A TON; 1.73% HIGHER COMPARED TO Q3' 16 PRICE
coal mine price downCOALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $1.47 per ton (3.85%) month over month to US$ 36.73 per ton. The swap was closed at US$ 36.73 on 4 December 2015 compared to a week ago closing price of US$ 36.75 per ton.

API 5 FOB Newcastle Coal Swap
FOB Newcastle Coal swap average for Q2’ 2016 delivery also declined US$ 1.60 per ton month over month on 4 December and closed at US$ 36.40 a ton. The swap for average Q2’ 2016 delivery weak on month and firm week over week, according to SGX AsiaClear OTC coal swap's reports released for the period 30 November – 4 December 2015.

Average Q3’ 2016 delivery swap closed at US$ 36.10 a ton on 4 December 2015, US$ 1.65 (4.37%) lower compared to a month ago closing price of US$ 37.75 per mt.

Q1' 2016 Vs Q3’ 2016
API 5 FOB Newcastle coal swap for average Q1’ 2016 delivery closed at US$ 36.73 pmt on 4 December 2015, US$ 0.55 higher than Q3’ 2016 closing price of US$ 36.10 per mt.

Q2 Vs Q3’ 2016
API 5 FOB Newcastle coal swap for average Q2’ 2016 delivery closed at US$ 36.40 pmt on 4 December 2015, US cents 30 higher than Q3’ 2016 closing price of US$ 36.10 per mt on 4 December.

According to the available data, Q2 as well as Q3’ 2016 delivery swaps were lower compared to Q1’16 delivery swap for this past week.

Q1'16, Q2 & Q3 2016 delivery swaps declined month over month and week on 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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Recent News

Thursday, 10 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of  liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...


Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week. The Q1’ 2016 &nbs ...


Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...


Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...


Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
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