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08 Jan 2015 | 08:03 UTC — Houston
Platts proposes to adjustment the sulfur content reflected in its petroleum coke assessments and proposes to discontinue the Hardgrove Grindability Index (HGI) factor for all of its existing petroleum coke assessments, effective February 24, 2015. In addition, Platts proposes to launch a new US West Coast petroleum coke assessment to reflect sulfur content of less than 2.5%. Platts is proposing to change the sulfur content reflected in the following petroleum coke assessments: US Gulf Coast 6%-6.5% sulfur (code CPAAA00) to reflect sulfur content greater than 6%. US Gulf Coast 4%-5.5% sulfur (code CPAAF00) to reflect sulfur content between 4% and less than 5%. US West Coast 4% sulfur (code CPAAC00) to reflect sulfur content greater than or equal to 2.5%. Platts current US Gulf Coast 5%-6% sulfur petroleum coke assessment (CPAGF00) would remain as is. Platts will continue to review all specifications including but not limited to the timing of the loading window, volumes, terminals and locations reflected in the assessments. The sulfur parameter changes and the new assessment would be effective and launched on February 24. Please address any questions or comments by January 22 to coal@platts.com and pricegroup@platts.com. Please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.