Assesses the export price of coals exported out of East and South Kalimantan in gearless vessels, c.v. adjusted to 6,000 kc/kg NAR and with load rates of 20,000 t/day. The 6,000 kc/kg NAR price basis typically converts to 6,300 kc/kg GAR.
Assesses the export price of coals exported out of East and South Kalimantan in gearless vessels, c.v. adjusted to 5,500 kc/kg NAR and with load rates of 20,000 t/day. The 5,500 kc/kg NAR price basis typically converts to 5,800 kc/kg GAR.
Assesses the export price of sub-bituminous coals with a minimum c.v of 4,500 kc/kg NAR exported out of East and South Kalimantan. It is c.v. adjusted to 4,700 kc/kg NAR and with load rates of 15,000 t/day. The loading points are constrained to those that can load Panamax vessels or larger. However, the minimum cargo size is 50,000 t. The 4,700 kc/kg NAR price basis typically converts to 5,000 kc/kg GAR.
Assesses the export price of sub-bituminous coals shipped out of East and South Kalimantan in geared vessels and c.v. adjusted to 4,200 kc/kg GAR. The Indonesian 4,200 kc/kg GAR price basis typically converts to 3,800 kc/kg NAR.
Assesses the export price of sub-bituminous coals shipped out of East and South Kalimantan in geared vessels and c.v. adjusted to 3,800 kc/kg GAR. Typically converts to 3,400 kc/kg NAR.
Assesses the export price of coals shipped out of East and South Kalimantan in geared vessels. The Indonesian 3,400kc/kg GAR price basis typically converts to 3,000 kc/kg NAR.
M42 from McCloskey (MCC) is a robust Indonesian 4,200 kc GAR FOB marker. It is designed to track spot price values by prioritizing trades. As a result, the marker better tracks the underlying market value to where deals are actually done.
The index is transparent and aligned with the latest commodity market compliance practices, being independently audited once a year. It is also the only Indonesian index listed as a derivative for hedging and risk management purposes, being hosted on SGX since April 2018.
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