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Thursday, 31 December 15
COAL PRICES FELL ON WEAK DEMAND
 COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap decline month over month and slightly up week over week.
The Q1’ 2016 FOB Richards Bay Coal swap was declined US$ 2.52, or 5.01 percent over a month, and now stands at US$ 47.76 per ton. According to AsiaClear OTC coal swap's report released on 24 December 2015, Q1’ 2016 swap was rose 0.70 percent compared to 18 December closing price.
FOB Richards Bay Coal Swaps
API4 FOB Richards Bay coal for (average) Q2’ 2016 delivery swap slipped month over month and marginally firm week over week, this past week.
According to SGX data released between 21 - 24 December, the average Q2’ 2016 swap down $ 2.38 (4.98%) per MT Month over month, while gained US$ 0.37 per ton week on week.
FOB Richards Bay coal swap for Q2’ 2016 delivery closed at US$ 45.37 per ton on 24 December 2015, the data from SGX shows.
Q3’ 2016 delivery swap shed US$2.30 per ton to US$ 43.50 month over month.
For the week ended December 24, 2015, FOB Richards Bay coal swap for Q3’ 2016 delivery reached at $43.50 per ton, up from $43.25 per ton at the end of the previous week.
FOB Richards Bay Coal Swaps for first three quarters of 2016 remained weak.
Q1’ 2016 vs Q3’ 2016
SGX Asia Clear OTC FOB Richards Bay coal Q3’ 2016 delivery swap was closed US$ 4.26 (8.92%) per ton lower compared to average Q1’ 2016 delivery price of US$ 47.76 per ton on 24 December 2015. While, the coal swap for Q2’ 2016 delivery, closed average US$ 1.87 (4.12%) 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$ 47.76 / MT on 24 December 2015 and has entered its lowest level (US$ 47.15 / MT) on 21 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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Monday, 30 November 15
ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE
ASSOCARBONI is in favour of an international mechanism to provide financial support to countries building high efficiency low emission coal plants. ...
Monday, 30 November 15
CS 5000 GAR COAL INDEX FIRM D-O-D; WEAK W-O-W
COALspot.com: The 5000 GAR CS (i) coal index up slightly day over day.
According to the system generated index, the CS 50 (5000 GAR coal) was ...
Monday, 30 November 15
CFR SOUTH CHINA COAL SWAPS REMAINED UNCHANGED FROM LAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.50 (9.78%) per ton month over month.
A commodity swap ...
Sunday, 29 November 15
CAPE INDEX SURGES 383 POINTS WEEK OVER WEEK, BOOSTS BALTIC DRY INDEX
COALspot.com: The Baltic Dry Index, a measure of shipping rates, fell to 498 points on 20 November and touched a 30-year low, but on 27 November th ...
Friday, 27 November 15
INDONESIA COAL SWAPS: WEEK ENDING 20 NOVEMBER CLOSED HIGHER COMPARED TO THE PREVIOUS WEEK
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and up on week over week. Coal prices seen slight improvements thi ...
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- Chamber of Mines of South Africa
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- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
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- Global Coal Blending Company Limited - Australia
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- Krishnapatnam Port Company Ltd. - India
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- London Commodity Brokers - England
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- Power Finance Corporation Ltd., India
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- Indian Oil Corporation Limited
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- Ministry of Transport, Egypt
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- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
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