IHS Markit has incorporated the McCloskey Coal Report into its Global Coal Market News & Analysis service, offering the deepest coal industry insight, information and expertise in the market. Clients who previously subscribed to any combination of the McCloskey Coal Report, Fax and Newswire will now receive all three deliverables through our online platform, IHS Connect™ – allowing first time, single-source access to our full coal capability. From real-time data delivery to long-term outlooks, customers will be able to execute trades and inform strategic plans with the greatest confidence.
The leading provider of critical news, analysis and data on the international coal markets, the McCloskey Group was acquired by IHS Markit in 2007. With the acquisition, IHS Markit inherited the group’s distinguished price-reporting legacy. McCloskey Coal played a key role in developing steam coal prices and first published the NW European marker in 1991. This price guided the trade of 6,000kc coal in the Atlantic and set the foundation for the API indices. Produced jointly between IHS McCloskey and Argus, the API indices helped transform coal into an efficiently priced commodity. Today, IHS Markit coal price markers form a key component of the API indices, which serve as the settlement price in 90% of the world's coal derivative contracts. Indeed, more than $600 billion annually in contracts are settled against API2 and API4 NW Europe and Richards Bay.
What does your new subscription deliver?
- Global coal news and analysis – Timely and accurate price reporting on the international coal industry and critical analysis of the major coal-producing and consuming regions
- Proprietary data – Coal prices, indexes, trade (imports/exports) and production/consumption statistics
- Strategic insight into thermal and met coal markets – Analysis of key drivers behind supply, demand, cost, freight and price dynamics
- A unique brand of intelligent journalism – Our global team focuses almost solely on the coal industry, and our integration with IHS Energy Publishing provides unmatched depth in the North American and Asian coal editorial space