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Latest The Argus Stories

2011-07-12 20:00:00

SINGAPORE, July 12, 2011 /PRNewswire/ -- In just three years, China has moved from being a major regional coal exporter to being a significant coal importer. This change, driven by soaring Chinese demand for coal-fired power, requires new approaches for pricing thermal coal imports by China. Argus, the leading independent global coal price reporting agency, launched the first major cfr south China assessment for thermal coal in March. With the support of large producers and buyers of...

2010-10-20 11:21:00

LONDON, Oct. 20 /PRNewswire/ -- German utility RWE and US-based commodity management firm Gavilon have concluded the first physical supply contract to be priced against Argus' European industrial wood pellet index. The one-year supply deal was brokered by Geneva-based Starsupply Commodity Brokers. The pellets will be delivered on a cost, insurance and freight (cif) basis to Amsterdam-Rotterdam-Antwerp (ARA). Supply will start in the fourth quarter of 2011 and will be priced against the...

2010-08-19 17:00:00

CALGARY, Alberta, Aug. 19 /PRNewswire/ -- (Argus) -- International energy pricing agency Argus today launched daily volume-weighted average price indexes for two leading Canadian crude streams: Western Canadian Select (WCS) and Syncrude (SYN). Argus will publish these indexes daily, plus a cumulative volume-weighted average for each grade. The indexes will appear in the daily Argus Crude and Argus Americas Crude publications. The final cumulative indexes for crude oil injected in...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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