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Monday, 14 December 15
CFR SOUTH CHINA COAL SWAP IS STILL SLIDING
coal mine price downCOALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 0.93(2.18%) 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 11 December 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 also declined US$ 1.30 per ton month over month on 11 December 2015 to US$ 41.50 a ton. The swap average for Q3’ 2016 delivery decreased month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 11 December 2015.

Q3’ 2016 delivery swap closed at US$ 41.50 a ton on 11 December 2015. This past week’s Q3’ 2016 delivery swaps lost US$ 1.40 per ton compared to the closing price of $ 42.90 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$ 41.67 per ton on 11 December 2015 a US$ 0.17 higher than Q3’ 2016 closing price of US$ 41.50 per ton.

Q2’ 2016 vs Q3’ 2016
API 8 CFR South China Coal swap average for Q2 & Q3’16 delivery prices closed at US$ 41.50 per ton on 11 December 2015.

According to this past week's swaps trend, average for Q1, Q2 & Q3’ 2016 deliveries were declined month over month and week over week.

Q1’ 2016 coal swaps closed slightly higher than Q2 & Q3’ 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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Monday, 14 December 15
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