globalCOAL - Country & Industry Forecasting: IHS Global Insight
globalCOAL - Country & Industry Forecasting: IHS Global Insight
globalCOAL - Country & Industry Forecasting: IHS Global Insight
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Other Indices in the market<br />
TFS API#2® – spot thermal coal for CIF ARA, basis 6000 Kcal/kg NCV<br />
TFS API#3® – spot thermal coal for FOB Newcastle, basis 6700 Kcal/kg GAD<br />
TFS API#4® – spot thermal coal for FOB RBCT, basis 6000 Kcal/kg NCV<br />
Argus/McCloskey - spot thermal coal FOB Newcastle<br />
Underlying data: Journalists survey the participants in the industry<br />
Method of calculation: Average of journalists price reports.<br />
Calculated weekly and monthly.<br />
Relies on knowledge and experience of journalists to ask right questions of right people<br />
and understand if answers are true! Arguably very vulnerable to variety of risks.<br />
Audited?<br />
CoalinQ – spot thermal coal FOB Newcastle, within 3 months, basis 6700 GAD<br />
Underlying data: Panel of 6 producers (of which 1 anthracite, 3 Queensland); 12 Japanese<br />
& 1 Korean consumers; 6 “traders” of which 3 Japanese Trading Houses<br />
Method of calculation: Average of panellists price assessments.<br />
Calculated fortnightly.
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