Coal: API 8 price assessment

Coal: API 8 price assessment

The API 8 coal price assessment

The API 8 price assessment is the benchmark price reference for the import market in China, the world’s largest coal consumer. It assesses prices for coal imported to southern China and averages the two most referenced price assessments for imports in the region — Argus and IHS McCloskey.


Advantages of the API 8 coal price assessment

The API 8 price assessment joins our other global coal price assessments in providing a global benchmark for coal trading. It is calculated as an average of the Argus 5,500 kcal/kg cfr south China price assessment and the IHS McCloskey/Xinhua Infolink south China marker, and is used to settle physical coal sales agreements, swaps used for hedging deals and for futures contracts on world exchanges.


Users of the API 8 coal price assessment

Coal buyers and sellers use the API 8 price assessment to settle coal supply agreements and hedge price risk through swaps and futures market activity. Banks, brokers and other financial participants use the API 8 price assessment to construct those swaps. Futures exchanges use the API 8 price assessment to settle cash-basis futures contracts. Analysts and market observers keep a close eye on the API 8 price assessment for data on market fundamentals in China’s manufacturing and power generation sectors.

pi 2 coal

Solicite mais informações

A Argus produz informações e serviços para mercados globais, o que requer que compartilhemos suas informações pessoais com as empresas do grupo Argus e provedores de serviços baseados dentro e fora da Área Econômica Europeia (EEA, na sigla em inglês). Nós trataremos suas informações com respeito e só as utilizaremos de acordo com nossa Política de Privacidade. Por favor, preencha os campos abaixo para solicitar mais informações:

Required
Please enter your first name
The length cannot exceed 300 characters.
Please enter your last name
The length cannot exceed 300 characters.
Please enter your email
Please fill in a valid email address