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25 Jul 2014 | 04:02 UTC — New York
Effective August 1, Platts will revise the methodology for its CFR India 6,300 GAR price assessments as follows: Platts will rename its CFR India East 6,300 GAR and CFR India West 6,300 GAR as CFR India East 6,000 NAR and CFR India West 6,000 NAR, respectively.
This assessment will take into account thermal coal trades in the spot market on a delivered basis in a 30-60 day forward window.
kcal/kg NAR 30-60 day Yuan/mt QAvg
Also effective August 1, 2014 the following codes will be discontinued
kcal/kg GAR 90 Day Euro/mt