Argus/IHS McCloskeys Coal Price Service

Argus/IHS McCloskey

Argus/IHS McCloskey provides coal prices and historical trend data for the API indexes, which are the key price benchmarks used in the international coal industry. Exchanges using the API indexes include CME and ICE. Find out more

API C1

API C1 - an average of the Argus fob Australia coking coal price and IHS McCloskeys Australian premium hard coking coal fob marker assessments.Find out more

API 2

API 2 - standard reference price benchmark for coal imported into northwest Europe. It is an average of the Argus cif Rotterdam assessment and IHS McCloskeys Northwest European Steam Coal marker.Find out more

API 4

API 4 - benchmark price for coal exported out of South Africa's Richards Bay. The API 4 index is calculated as an average of the Argus fob Richards Bay assessment and the McCloskey Richards Bay FOB marker.Find out more

API 8

API 8 - an average of the Argus 5,500 kcal/kg cfr south China price assessment, and the IHS McCloskey/Xinhua Infolink south China marker.Find out more

Argus/IHS McCloskey

Argus/IHS McCloskey provides coal prices and historical trend data for the API indexes

Methodology

Transparent and market appropriate methodology used to assess prices in the markets covered

International coal index

Argus/IHS McCloskey coal indexes are used as the settlement prices in 90% of the world's coal derivative contracts