Category Archives: Glossary
Wheat
Wheat is a a whole grain cultivated for human consumption due to its high protein content. It is used for flour to be used in baking goods, pastas, snacks, etc. Lower quality grains are used as animal feed. It is … Continue reading
Long Cash Position
A long cash position implies the physical commodity is owned.
Indo Sub-bituminous Coal
Indo Sub-bituminous Coal is seaborne thermal coal delivered FOB into ocean going vessels from a range of East and South Kalimantan load-outs (Borneo). It represents the types of coals currently supplied by companies like Adaro Resources, Kideco Jaya Agung, Bumi … Continue reading
Sub-bituminous Coal
Sub-bituminous coal is lignite that has been subjected to an increased level of organic metamorphism. Reserves are found mainly in six US western states and Alaska. It is used primarily as fuel for steam-electric power generation. It has carbon content … Continue reading
Bituminous Coal
Bituminous coal is the most abundant type of coal in the United States. It has a carbon content ranging from 45 to 86 percent carbon and a heat value of 10,500 to 15,500 BTUs-per-pound, much higher than lignite or sub-bituminous … Continue reading
Coal
Coal is a combustible black or brownish-black sedimentary rock normally found in layers or veins called coal beds or coal seams. Coal is composed primarily of carbon with variable quantities of other elements: sulfur, hydrogen, oxygen and nitrogen. Coal has … Continue reading
Newcastle Coal
Newcastle Coal is thermal coal exported (delivered FOB) out of the port of Newcastle in New South Wales, Australia. It is the price benchmark for seaborne thermal coal in the Asia-Pacific region. Newcastle coal futures are traded at the ICE … Continue reading
Rotterdam Coal
Rotterdam Coal is coal delivered at the port of Rotterdam in the Netherlands. Rotterdam CoalĀ is traded at the ICE Europe under ticker symbol ATW. Contract size is 1,000 tons quoted in US dollars and cents per ton. Contract is … Continue reading
CSX Coal
CSX Coal is coal transported by the CSX Corporation the largest coal transporter east of the Mississippi River, serving more than 130 load-outs in 9 states. CSX provides service from the largest number of active coal origination points: Alabama, Beem, … Continue reading
Richards Bay Coal
Richards Bay coal is coal shipped at the Richards Bay terminal in South Africa, the largest export coal terminal in the world, with a design capacity of 91 million tons annually. Richards Bay coal futures are traded at the ICE … Continue reading