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
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