Optimize trading and investment decisions with industry-leading benchmark prices.
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. With its legacy of playing a key role in developing steam coal indexation, IHS Markit McCloskey first published the NW European marker in 1991. This set the standard for 6,000kc coal traded in the Atlantic and the foundation for the API indices. Produced jointly between IHS Markit McCloskey and Argus, the API indices helped transform coal into a commodity.
Indonesian 4,200 kc GAR is some of the most liquid physical spot markets in Asia, supported by strong demand from China and India. Due to its ability to respond quickly and accurately to market conditions the IHS Markit McCloskey Indonesian 4,200 kc GAR FOB marker is increasingly being used for physical transactions and will shortly become the basis for derivatives trading in for the product.
Available as an add on to our other products, the full set of steam, coking and petcoke prices – along with vital coal market data, news and analysis – can be accessed through our online platform IHS Markit ConnectTM to:
Support your trades, purchases, sales and contracts
Track coal developments by country, region and coal type
Global trade (imports/exports) by country and type
Stocks (mines, power station, ports)
Production and consumption
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