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Wednesday, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
coal mine price downCOALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.

The Q1’ 2016  swap was decline US$ 2.75 (5.54%) month on month to US$ 46.85 per ton according to AsiaClear OTC coal swap's report released on 11 December 2015.

FOB Richards Bay Coal Swaps
API4 FOB Richards Bay coal for (average) Q2’ 2016 delivery swap also declined month over month and week over week, this past week.

According to SGX data released between 7 - 11 December, the average Q2’ 2016 swap down $ 2.05 (4.34%) per MT Month over month, while lost US$ 1.45 per ton week on week.

FOB Richards Bay coal swap for Q2’ 2016  delivery closed at US$ 45.15 per ton on 11 December 2015, the data from SGX shows.

Q3’ 2016 delivery swap lost week on week and month on month.

The Q3’ 2016 swap fell $ 1.65 per ton to US$ 43.85 on 11 December 2015 compared to US$ 45.50 closed on 11 November 2015. In the meantime, Q3 delivery price down US$ 1.15 per ton from 4 December 2015.

FOB Richards Bay Coal Swaps for first three quarters of 2016 lost week over week and month over month.

Q1’ 2016  vs Q3’ 2016
SGX Asia Clear OTC FOB Richards Bay coal Q3’ 2016 delivery swap was closed US$ 3 (6.40%) per ton lower compared to average Q1’ 2016 delivery price of US$ 46.85 per ton on 11 December 2015. While, the coal swap for Q2’ 2016 delivery, closed average US$ 1.30 (2.88%) per ton higher than Q3’ 2016 delivery price.

The API4 FOB Richards Bay Coal swap for Q1’ 2016 delivery has achieved a highest price of average US$ 48.03 / MT on 7 December 2015 and has entered its lowest level (US$ 46.85 / MT) on 11 December 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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