Introducing the world’s first coking coal indices:

The shift by BHP Billiton from pricing coking coal contracts annually to short-term pricing mechanisms in 2010 has paved the way for the development of indexation of coking coals. Spot buying from China has also increased liquidity and given rise to the need for greater visibility in short-term pricing.

These developments represent the first step towards the development of a liquid market and are prerequisites for the emergence of a derivatives market.

Since 2009, in anticipation of coking coal becoming commoditized, Energy Publishing worked with global coal buyers and producers to formulate an approach to indexing such coals.

Following extensive consultation, and with input from Doyle Trading Consultants LLC, three coking coal indexes were launched in February 2010.

The Coking Coal Queensland Index The CCQ© represents the prompt physical spot market price FOB port in Queensland for premium hard coking coals

The Coking Coal Hampton Roads Index, Low Vol The CCH-LOW© represents the prompt physical spot market prices FOB port in Hampton Roads, Virginia for premium low volatile coking coals

The Coking Coal Hampton Roads Index, High Vol The CCH-HIGH© represents the prompt physical spot market prices FOB port in Hampton Roads, Virginia for premium (Type A) high volatile coking coals

For a free trial of the Coking Coal Index please email us at EPI.coalinfo@ihs.com or contact us.

More information: (PDF)

Moving Forward With a Price Index for Australian Coking Coal.

Methodology and Specifications for our Coking Coal Indices.