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Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot logoCOALspot.com has today launched real-time CS (i) Coal Indices.

The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR and 5700 kcal/kg GAR coal of Indonesian Origin.

A set of these four indices created by COALspot.com are intended to help the industry to monitor the trend of coal prices and act as a market forecast for active coal producers, traders and end-users. The index is also serve as a proxy for decision makers as well as become an independent coal bench mark forecast for Indonesian particular coal types.

CS (i) Coal index contains independent, real-time price assessments and indices for Indonesian coal are based on the inputs provided by CS (i) coal index panelists on real-time basis during Indonesian office hours, comprising end-users, miners and traders.

COALspot.com indices reflects thermal coal shipped from major Indonesian ports. The indexes are available only for member of COALspot.com by subscription. The subscription is free for limited period.

With this new arrival of coal indices for Indonesian coal, COALspot.com hope to see this new indices bring as much benefit to the Indonesian thermal coal industry as well as it may successfully increase index transparency in the thermal coal market.

COALspot.com will continue to innovate across this sector and support coal and coal related company’s requirements.

CS (i) coal index is being supported by a number of Indonesian coal producers, who produce over 145 million tons of coal per annum. In addition to Indonesian coal producers, the number of leading International coal traders are also supporting CS (i) coal index acting as panel members to produce real-time CS (i) Coal Index.


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