Floating Price API 8 CFR South China Coal Termination of Trading The last Friday of the contract month. If such Friday is a UK holiday, the contract will terminate on the UK business day immediately prior to the last Friday of the contract month unless such day is not an Exchange business day, in which case the contract shall terminate on the Exchange business day immediately prior. Listed ...
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Thermal coal prices in China have stalled over the past week or two, having risen at a hectic pace since March this year as power shortages gripped the Asian country.
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The South China CFR (6,000 kc NAR) marker assesses the price for imported coal into South China region, basis Guangzhou, and under 1% sulphur. The minimum cargo size is 50,000 t. The coal being assessed is typically 5,800 kc/kg NAR material which is, published as 6,000 kc/kg NAR to normalise to other international benchmarks.
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world coal news Monday, 06 April 15 CFR SOUTH CHINA COAL SWAP FALL CONTINUES API 8 CFR South China Coal swap for Q2' 2015 delivery shows a decrease of US$ 5.96 (-10.37%) per MT monthly and US$ 0.98 (-1.87%) per MT weekly.
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The ICE CFR South China Coal Futures Contract is cash-settled at an amount equal to the monthly average API 8 Index as published in Argus/McCloskey's Coal Price Index Report. MIC Code IFEU
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