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    Question ID:   4517         Current Version: 1
Question: What are the different types of coal prices?
Category: Business & Finance > Other
Keywords: spot, captive, open market, delivered, type, price, coal
Type: what
Rating:(0 ratings)    Views: 176    Discussions: 0   In Watch Lists: 1  

 
    Answer:
There four types of coal prices. They are spot price, captive price, open market price, and delivered price.
  • Spot price is the price for a one-time open market transaction for immediate delivery purchased "on the spot" at current market rates.
  • Captive price is the price for coal used by the producing company or sold to affiliated or parent companies.
  • Open Market price is the price of coal sold on the open market to companies other than the reporting company's parent company, a subsidiary of the parent company, or to consumers.
  • Delivered price is the price of coal including transportation costs to the consuming sector.
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