The gC RB Index & DES ARA Index

Reliable coal price benchmarks calculated from actual,
verifiable physical market pricing points

Robust indices for the South African and European coal markets

gC RB Index

Capturing the price of high CV thermal coal delivered FOB Richards Bay Coal Terminal in South Africa

  • Calculated from actual bids, offers and trades for standardised RB1 spec coal on the globalCOAL trading platform
  • Underpins the ICE gC RB Futures contract
  • Used as settlement price in physical coal supply contracts
  • Robust, fully transparent index methodology based on the well-established gC NEWC Index

gC DES ARA Index

Capturing the price of high CV thermal coal delivered DES at the ports of Amsterdam / Rotterdam / Antwerp

  • Calculated from actual bids, offers and trades for standardised DES ARA spec coal on the globalCOAL trading platform
  • Captures multiple origins including Australia, Colombia, Poland, Russia, South African and USA
  • Highly correlated to other ARA indices
  • Robust, fully transparent index methodology based on the well-established gC NEWC Index

Why choose globalCOAL indices?


Reliable, comparable inputs

All inputs into globalCOAL's indices are actual transactions and firm bids & offers from globalCOAL's online trading screen
No hearsay, no selective reporting, no normalisation

Objective and transparent

globalCOAL indices are derived from a pure calculation, available in full and in realtime
No journalistic intervention, no black-box

Participation

By bidding, offering and trading on the platform, stakeholders participate directly in index formation
Market participants become price makers – not price takers

Accessing the gC RB Index and DES ARA Index

globalCOAL can provide access to its gC RB and DES ARA Indices in the way that suits you best – from daily email reports to full integration with your back-office systems.


Delivery methods include:

Daily Email

Channel Partners

SFTP Download

Website Access


Read more about our licensing model

Enquire now about globalCOAL's gC RB and DES ARA Indices






N.B. All fields are required unless otherwise stated

Data Licence Terms and Conditions



Additional Resources


Index Methodology

globalCOAL indices are calculated using actual transaction data and firm, tradeable bids and offers posted on the globalCOAL trading screen.

View the gC RB Index methodology
View the DES ARA Index methodology

Index Publication Schedule

globalCOAL publishes weekly index values every Friday, and monthly index values on the last Friday of each calendar month – except where publication coincides with a Listed Public Holiday. View the Index Publication Schedule & Holiday Calendar

Index Governance

globalCOAL invest heavily in ensuring its indices comply with the industry's highest standards. Read more on Index Governance