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The Structure of Long-Term Supply Deals
The hc insider podcast is brought to you by hc group a retained search intelligence and advisory firm focused solely on the global energy and commodity sector. We have three main benchmarks around the world that are I should say the least illiquid the the main one is called API two which refers to a certain type of purity and certain index that can price into the ports of the Netherlands. The last one is Newcastle which is at Newcastle port in Australia and that's coal at origin as well so these are the main three pricing points for coal that exists around the world now.