14 Oct 2013 | 02:55 UTC — New York

Platts launches two new thermal coal assessments

Platts, a division of McGraw-Hill Financial, Inc., and Shanxi Fenwei Energy Consulting Co., LTD, are jointly launching two thermal coal price assessments in China. The new coal assessments: are China Coal Indexes (CCI 1 and CCI 8). The CCI assessments are designed to reflect daily tradeable values of thermal coal in Chinese spot markets. CCI 1 is the domestic marker of value for coals normalized to a typical standard of 5500 kcal/kg NAR, traded FOB Qinhuangdao (QHD) in RMB/mt including VAT, for delivery also to the PRC. CCI 8 is an international marker of value representing coals of a similar standard to CCI 1, traded CFR South China in US$/mt from any origin (excluding PRC). For more specific information on the methodology with a detailed specification please see the methodology guide.

Launch date is October 14, 2013 MDC Symbol Bates Dec Freq Curr UOM Description (CCI1) CI CITQH00 u 2 DW USD MT China Coal Index daily thermal coal FOB Qinhuangdao 5500 kcal/kg NAR $/mt CI CITQH03 c 2 MA USD MT China Coal Index daily thermal coal FOB Qinhuangdao 5500 kcal/kg NAR $/mt MAvg CI CITQH10 u 2 DW CNY MT China Coal Index daily thermal coal FOB Qinhuangdao 5500 kcal/kg NAR Yuan/mt CI CITQH13 c 2 MA CNY MT China Coal Index daily thermal coal FOB Qinhuangdao 5500 kcal/kg NAR Yuan/mt MAvg (CCI8) CI CITSC00 u 2 DW USD MT China Coal Index daily thermal coal CFR South China 5500 kcal/kg NAR $/mt CI CITSC03 c 2 MA USD MT China Coal Index daily thermal coal CFR South China 5500 kcal/kg NAR $/mt MAvg CI CITSC10 u 2 DW CNY MT China Coal Index daily thermal coal CFR South China 5500 kcal/kg NAR Yuan/mt CI CITSC13 c 2 MA CNY MT China Coal Index daily thermal coal CFR South China 5500 kcal/kg NAR Yuan/mt MAvg