FOB RB Futures (API4) marker represents standardized forward contracts of steam coal exported from South African main commodities port Richards Bay on Free on Board basis for Atlantic (Western Europe) and Pacific (Asia) markets.
The quoted steam coal is standardized to 6,000 kcal/kg NAR, 0-50mm and traded in Panamax-Capesize (50,000-150,000 Mt) volumes. Updates are made AFAP.
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