London (Platts)--2Oct2013/635 am EDT/1035 GMT

The total coal traded and cleared on the ICE Futures platform rose for the second consecutive month in September to the highest monthly volume on record, jumping 51% on-month to 146.7 million mt, according to data released Wednesday in energy exchange ICE Futures Europe and electronic trading platform globalCOAL's monthly report.

The total was also a little more than double the 65.2 million mt of coal traded and cleared in September 2012.

A record 107,355 lots of ICE Rotterdam Coal Futures were cleared during the month, which equates to 107.35 million mt of coal -- a 38.3% climb from August's volume and 150.2% higher year-on-year.

According to Platts data, Rotterdam prompt-month derivatives were strong during September, rallying $5.35 from the beginning of September to $82.40/mt at the end of the month.

The volume of ICE Richards Bay Futures traded and cleared more than doubled to a 15-month high of 19.9 million mt in September from 7.4 million mt in August, and was 88% increase on the same month in 2012.

Richards Bay October swaps contracts also climbed $3.35 during September to $77.05/mt at the end of the month, according to Platts data.

During September, the amount of globalCOAL ICE Newcastle coal traded and cleared also reached a record high of 19.5 million mt, firming 60.5% from August and 60.4% from September last year.

Newcastle prompt-month paper prices were relatively stable, ending the month at $78.95/mt, according to Platts data, rising 90 cents from the beginning of September.

--Jacqueline Holman, jacqueline.holman@platts.com
--Edited by James Leech, james.leech@platts.com

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