Asset Class Navigation

Coal (API4) FOB Richards Bay (ARGUS-McCloskey) Margins

Ratio Side Start Period End Period Maintenance
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

08/2021
01/2021

08/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

09/2021
01/2021

09/2021
1,700 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

10/2021
01/2021

10/2021
1,800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

11/2021
01/2021

11/2021
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

12/2021
01/2021

12/2021
2,000 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

01/2022
01/2021

01/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

02/2022
01/2021

02/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

03/2022
01/2021

03/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

04/2022
01/2021

04/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2021

05/2022
01/2021

12/2023
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

03/2021
02/2021

03/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

04/2021
02/2021

04/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

05/2021
02/2021

05/2021
1,100 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

06/2021
02/2021

06/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

07/2021
02/2021

07/2021
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

08/2021
02/2021

08/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

09/2021
02/2021

09/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

10/2021
02/2021

10/2021
1,700 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

11/2021
02/2021

11/2021
1,800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

12/2021
02/2021

12/2021
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

01/2022
02/2021

01/2022
2,000 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

02/2022
02/2021

02/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

03/2022
02/2021

03/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

04/2022
02/2021

04/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2021

05/2022
02/2021

12/2023
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

04/2021
03/2021

04/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

05/2021
03/2021

05/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

06/2021
03/2021

06/2021
1,100 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

07/2021
03/2021

07/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

08/2021
03/2021

08/2021
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

09/2021
03/2021

09/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

10/2021
03/2021

10/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

11/2021
03/2021

11/2021
1,700 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

12/2021
03/2021

12/2021
1,800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

01/2022
03/2021

01/2022
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

02/2022
03/2021

02/2022
2,000 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

03/2022
03/2021

03/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

04/2022
03/2021

04/2022
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2021

05/2022
03/2021

12/2023
2,200 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

05/2021
04/2021

05/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

06/2021
04/2021

06/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

07/2021
04/2021

07/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

08/2021
04/2021

08/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

09/2021
04/2021

09/2021
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

10/2021
04/2021

10/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

11/2021
04/2021

11/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

12/2021
04/2021

12/2021
1,700 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

01/2022
04/2021

01/2022
1,800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

02/2022
04/2021

02/2022
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

03/2022
04/2021

03/2022
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

04/2022
04/2021

04/2022
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2021

05/2022
04/2021

12/2023
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

06/2021
05/2021

06/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

07/2021
05/2021

07/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

08/2021
05/2021

08/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

09/2021
05/2021

09/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

10/2021
05/2021

10/2021
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

11/2021
05/2021

11/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

12/2021
05/2021

12/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

01/2022
05/2021

01/2022
1,700 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

02/2022
05/2021

02/2022
1,800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

03/2022
05/2021

03/2022
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

04/2022
05/2021

04/2022
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
05/2021

05/2022
05/2021

12/2023
1,900 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

07/2021
06/2021

07/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

08/2021
06/2021

08/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

09/2021
06/2021

09/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

10/2021
06/2021

10/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

11/2021
06/2021

11/2021
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

12/2021
06/2021

12/2021
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

01/2022
06/2021

01/2022
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

02/2022
06/2021

02/2022
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

03/2022
06/2021

03/2022
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

04/2022
06/2021

04/2022
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
06/2021

05/2022
06/2021

12/2023
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

08/2021
07/2021

08/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

09/2021
07/2021

09/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

10/2021
07/2021

10/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

11/2021
07/2021

11/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

12/2021
07/2021

12/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

01/2022
07/2021

01/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

02/2022
07/2021

02/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

03/2022
07/2021

03/2022
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

04/2022
07/2021

04/2022
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
07/2021

05/2022
07/2021

12/2023
1,600 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

09/2021
08/2021

09/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

10/2021
08/2021

10/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

11/2021
08/2021

11/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

12/2021
08/2021

12/2021
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

01/2022
08/2021

01/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

02/2022
08/2021

02/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

03/2022
08/2021

03/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

04/2022
08/2021

04/2022
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
08/2021

05/2022
08/2021

12/2023
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

10/2021
09/2021

10/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

11/2021
09/2021

11/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

12/2021
09/2021

12/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

01/2022
09/2021

01/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

02/2022
09/2021

02/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

03/2022
09/2021

03/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

04/2022
09/2021

04/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
09/2021

05/2022
09/2021

12/2023
1,500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

11/2021
10/2021

11/2021
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

12/2021
10/2021

12/2021
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

01/2022
10/2021

01/2022
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

02/2022
10/2021

02/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

03/2022
10/2021

03/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

04/2022
10/2021

04/2022
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
10/2021

05/2022
10/2021

12/2023
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

12/2021
11/2021

12/2021
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

01/2022
11/2021

01/2022
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

02/2022
11/2021

02/2022
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

03/2022
11/2021

03/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

04/2022
11/2021

04/2022
1,300 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
11/2021

05/2022
11/2021

12/2023
1,400 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
12/2021

01/2022
12/2021

01/2022
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
12/2021

02/2022
12/2021

02/2022
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
12/2021

03/2022
12/2021

03/2022
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
12/2021

04/2022
12/2021

04/2022
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
12/2021

05/2022
12/2021

12/2023
750 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2022

02/2022
01/2022

02/2022
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2022

03/2022
01/2022

03/2022
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2022

04/2022
01/2022

04/2022
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
01/2022

05/2022
01/2022

12/2023
800 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2022

03/2022
02/2022

03/2022
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2022

04/2022
02/2022

04/2022
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
02/2022

05/2022
02/2022

12/2023
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2022

04/2022
03/2022

04/2022
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
03/2022

05/2022
03/2022

12/2023
500 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
A

B
04/2022

05/2022
04/2022

12/2023
550 USD
NYM COAL COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES MFF 1

1
B

A
05/2022

05/2022
12/2023

12/2023
2,000 USD