COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.71% week over week to averaging $41.12 per ton this past week, shows CS (i) Coal Index weekly closing figures.
According to the weekly CS (i) coal index, the CS 50 (5000 GAR coal) index was up US$ 0.29 per ton week on week and flat day-over-day on 29 July 2016.
The CS 57 (5700 GAR coal) index was also increased 1.90 % percent week-over-week this past week. CS 57 (5700 GAR coal) index was closed at US$ 50.91 a ton on 29 July 2016, a US$ 2.1 per ton higher than US$ 48.81 a ton on 24 June 2016.
The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types. The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement. Therefore, these can be considered as a set of highly transparent & realistic indices for the Indonesian coals of 5700, 5000, 4200 and 3800 GAR grades.
CS (i) coal indices are designed to act as independent coal forecaster for Indonesian coal, identify market trends and serve as a benchmark for decision makers (for active coal producers, traders and end-users) as well as helping market players to optimize trading and investment strategies.
Technology Aided CS (i) Coal indices are produced in accordance with the strict, pre-defined and fully transparent methodology and delivered via COALspot.com’s online platform through the inputs provided by panelists comprising consumers, producers and traders of Indonesian coal on real-time basis during Indonesian office hours.
The CS 42 (4200 GAR) Index was ended at US$ 29.05 a ton on 29 July 2016, US$ 0.37 higher compared to 22 July 2016 closing.
CS 38 Index which is representing 3800 GAR coal of Indonesian origin was closed at US$ 22.40 per ton on 29 July 2016 a US$ 00.27 higher compared to the same period last week.
Year-On-Year (31 July 2015 - 29 July 2016)
According to past CS (i) coal index records, the CS 38 index sheds at least 14.92% year over year or since 31 July 2015 to date (29 July 2016). While the CS 42 and CS 50 indices fell around 5.68% and 4.66% respectively since 31 July 2015 to date (29 July 2016).
CS 57 index was slipped 4.69% year on year (since 31 July 2015).
Year-To-Date (8 Jan - 29 July 2016)
CS 38 Coal Index
up 2.98%
CS 42 Coal Index
up 7.07%
CS 50 Coal Index
up 2.90%
CS 57 Coal Index
up 1.86%
CS 38 - TM 40%, Ash 5% Max, Sulphur 0.4% Max and Calorific Value (GAR) 3,800 Kcal/kg
CS 42 - TM 35%, Ash 6% Max, Sulphur 0.8% Max and Calorific Value (GAR) 4,200Kcal/kg
CS 50 - TM 26%, Ash 7% Max, Sulphur 0.8% Max and Calorific Value (GAR) 5,000 Kcal/kg
CS 57 - TM 18%, Ash 12% Max, Sulphur 1.0% Max and Calorific Value (GAR) 5,700 Kcal/kg
(All parameters are in ARB basis)
CS (i) coal index is also publishing real-time and daily indices to use as a market reference. To access* the CS (i) coal index please click here (or send a mail to subscribe.cs @ coalspot.com).
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