Coal Price : Barlow Jonker Index (BJI) Australia Thermal Coal – Barlow Jonker Index – BJI, NEX, NEWC (Newcastle Export Port)
Coal Price : South African Steam Coal Index – Richards Bay Index, SASC
Coal Price : Colombia Coal Index
Coal Price : Indonesian Coal Index – ICI
BJI or NEX Index
The Newcastle Export Index (previously known as the Barlow Jonker Index BJI), was developed as an indicator of the spot price of thermal coal in the Asian market. It reflects the price at which a willing seller and a willing buyer are prepared to do business in the spot market for a prompt cargo of thermal coal loaded FOB vessel Port of Newcastle, NSW Australia. Newcastle is the world’s largest export coal loading facility and Newcastle coal is a key reference coal in the Asian thermal coal market. The prices used historically, and those used each week in determining the NEX, are based on actual shipments of thermal coal. When actual fixtures are not available, a panel of traders and shippers are consulted and an average market price is determined. The base for the index is set in January 1986.
South African Steam Coal Index (SASCI)
The index was launched on 1 April 1986 as an index of the price of spot thermal coal exported from Richards Bay Coal Terminal for customers in the European market.