POLISH STEAM COAL MARKET INDEX  - PSCMI ® 1     ©ARP&TGE  

PSCMI 1 index (PSCMI 1/t in PLN/tonne and PSCMI 1/Q in PLN/GJ): reflects the price of steam coal fines (class 20-23/1) in sales to electricity producers (public power plants and industrial power plants). Calculated as a weighted average of monthly deliveries, meeting following specified coal quality standard: calorific value equal or greater than 20 MJ/kg and less than 24 MJ/kg on a net-as-received basis, with maximum sulfur content of 1% as received. Price of monthly product is determined as a weighted average of transactions on the Polish steam coal market, completed (invoiced) in a given calendar month. The base price is a price ex mine, this is a net price without: excise tax, VAT, cost of insurance and delivery cost, under the CFA conditions with the point of loading  "on the wagon".