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 API in coal?
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 does CIF ARA mean?
cost, insurance and freight
delivered within the ARA territory. The financial quotation is shown. including CIF (cost, insurance and freight) and NAR (net as. received) in US$ per tonne.
Where are coal futures traded?
New York Mercantile Exchange
You can trade coal futures on the New York Mercantile Exchange (NYMEX). NYMEX coal futures are quoted in dollars and cents per ton, and are traded in contracts of 1550 tons.
What is the price of coal today?
Energy
| Name | Price | Unit |
|---|---|---|
| Coal | 168.20 | USD per Ton |
| RBOB Gasoline | 2.15 | USD per Gallone |
| Uranium | 38.70 | USD per 250 Pfund U308 |
| Oil (Brent) | 72.10 | USD per Barrel |
What is the price of coal per ton?
In 2019, the national average sales price of bituminous, subbituminous, and lignite coal at coal mines was $30.93 per short ton, and the average delivered coal price to the electric power sector was $38.53 per short ton.
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 |
|---|---|---|
| Dec 2016 | 80.19 | -10.05 % |
| Jan 2017 | 86.49 | 7.86 % |
| Feb 2017 | 83.60 | -3.34 % |
| Mar 2017 | 79.11 | -5.37 % |
What does the name Ara mean?
Ara is used by women to express surprise. It translates well as “oh!” or “ah!”
Is there a future for coal?
A forecasted rebound in 2021 could be short-lived, with no further increases in demand expected between 2021 to 2025, provided the economic recovery from the pandemic continues and policy initiatives remain unchanged. Despite progress to reduce global reliance on coal, its use is projected to remain stable till 2025.
Which is the cheapest coal?
Lignite
Prices are generally higher for coal with high heat content. Lignite is the lowest rank of coal and has the lowest energy content. Lignite is crumbly and has high moisture content. Lignite accounted for about 8% of U.S. coal production in 2019.
What is the cost of 1 kg of coal?
Compare with similar items
| This item SRS Alien Premium Coconut Coal (1kg,72pcs) | PUFF SMART Shisha 3sixty Coconut Coal for Hookah (250 Gms) – 27 Pcs | |
|---|---|---|
| Price | ₹599.00 | ₹210.00 |
| Sold By | S.R.S-Luxurious Living For All | PUFF SMART |
| Color | Black | Black |
| Material | coconut | coconut |
What is the price of API 5 coal?
API 5: The price of NAR 5,500 kcal/kg, high-ash coal exported from Australia The Argus/McCloskey’s Coal Price Index Service product is the single source for the key indexes that shape the international coal business. Below are examples of how some clients use this service:
How many quarters are in API2 Coal futures?
The contract is cash settled against the API 2 Index published in the Argus/McCloskey Coal Price Index Report. Up to 84 consecutive month contracts. 25 to 28 consecutive quarters. Quarters are strips of three individual and consecutive contract months. Quarters always comprise a strip of Jan-Mar, Apr-Jun, Jul- Sep or Oct-Dec.
What is the price of coal on Ice?
The ICE Rotterdam Coal Futures Contract is cash-settled at an amount equal to the monthly average API 2 Index as published in Argus/McCloskey’s Coal Price Index Report.
Is the coal market data released by the EIA?
Because the historical spot price data are proprietary, they cannot be released by EIA; see S&P Global. S&P Global. The Coal Markets Report summarizes average weekly coal commodity spot prices by coal regions in the United States. The historical data for coal commodity spot market prices are proprietary and not available for public release.