Asian FTG Expands Commodity Suite of Thermal Coal Assessments for China and Greater Asia
Data aids price discovery & risk management of China’s domestic and imported coal
Asian-FTG.com a premium source of benchmark price assessments commodities today announced it has further expanded its suite of pricing references for China and the greater Asia-Pacific region with the launch of two new thermal coal price assessments for the Chinese market.
“The two price assessments are designed to complement each other by providing a quick and straightforward way for traders and other interested parties to compare the prices of domestic and imported thermal coal in the Chinese market and immediately determine whether there is price arbitrage advantages favoring one type or the other,” said James Hester, Asian FTG Senior Coal Trader.
The new assessments capture physical spot prices for domestic and imported thermal coal with a calorific value of 5,500 kilocalories per kilogram (kcal/kg) on a net-as-received basis as follows:
- Asian-FTG.com CFR South China: Physical open-market price assessment of thermal coal (including the cost of freight) out of Australia, Colombia, Indonesia, Russia and South Africa that is traded in the seaborne spot market
- Asian FTG FOB Qinhuangdao: Physical open-market spot assessment of thermal coal (loaded free on board) from ports in northeastern territories.
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