What is API2 coal?

What is API2 coal?

The API 2 price assessment is the benchmark price reference for coal imported to northwest Europe. It is calculated as an average of the Argus cif ARA price assessment and the IHS McCloskey NW Europe Steam Coal marker.

What is ARA coal price?

Recent Contracts

Last Chg
Coal (API2) CIF ARA (ARGUS-McCloskey) Nov 2021 $149.40 -3.50
Coal (API2) CIF ARA (ARGUS-McCloskey) Dec 2021 $159.50 2.30
Coal (API2) CIF ARA (ARGUS-McCloskey) Jan 2022 $154.25 0.00
Coal (API2) CIF ARA (ARGUS-McCloskey) Feb 2022 $148.75 0.00

What is CIF ARA?

What is CIF ARA 6,000 NAR? Platts CIF ARA 6,000 NAR is a daily 15-60 day forward price assessment for thermal coal shipped from Colombia, Russia, South Africa, Poland, Australia or the US to the northwest European trading hub of Amsterdam, Rotterdam, and Antwerp.

What is API coal Index?

The API 4 price assessment is the most liquid, most transparent fob coal price in the world. API prices are published every Friday in the Argus/McCloskey’s Coal Price Index Report service, which provides daily, weekly and monthly average price assessments for South Africa and the other major coal trading hubs globally.

What is Rotterdam coal?

Rotterdam Coal is coal delivered at the port of Rotterdam in the Netherlands. Rotterdam Coal is traded at the ICE Europe under ticker symbol ATW. Contract size is 1,000 tons quoted in US dollars and cents per ton.

Which is the cheapest coal?

Lignite
Lignite is the lowest rank of coal and has the lowest energy content. Lignite is crumbly and has high moisture content.

How much is a ton of coal in South Africa?

Coal, South African export price Monthly Price – US Dollars per Metric Ton

Month Price Change
Apr 2019 72.49 -8.02 %
May 2019 68.93 -4.91 %
Jun 2019 62.94 -8.69 %
Jul 2019 65.79 4.53 %

What is HBA coal?

The HBA price for thermal coal is the basis for determining the prices of 77 Indonesian coal products and calculating the amount of royalty producers have to pay for each metric ton of coal sold. It is based on 6,322 kcal/kg GAR coal with 8% total moisture content, 15% ash as received, and 0.8% sulfur as received.