• IHS Energy Announces Methodology Change – Price Adjustments to Four (4) NYMEX Indonesian Sub-Bituminous Coal Futures and Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7639
      • Notice Date
      • 15 April 2016
      • Effective Date
      • 02 May 2016
    • IHS Energy announced that it will update the specifications of its “IHS McCloskey Indonesian Sub-Bituminous FOB marker” to reflect a lower and narrower range of caloric values of steam coal for inclusion into the index, with effect from May 2, 2016. Upon implementation of the methodology change, the Indonesian Sub-Bituminous index assessment will reflect the caloric value of the steam coal that is exported by the Indonesian coal mining sector to meet electricity generation demands. 

      Please refer questions on this subject to:

      Business Line Management

      Joanna McMaster                 Joanna.mcmaster@cmegroup.com           44 20 3379 3837

       

      Clearing

      Ryan Hanley                       ryan.hanley@cmegroup.com                        312.454.8344

       

      Research and Product Development

      Mok Wing Chew                  wingchew.mok@cmegroup.com                   65 6593 5583

      Please click here for complete SER-7639.