SUBSCRIBER NOTE: Platts to change US FOB petcoke assessments

Following industry consultation, S&P Global Platts has decided to change the name of the following US FOB petcoke assessments and replace the corresponding pricing ranges with a single price.

The name changes and elimination of pricing ranges reflect industry changes and feedback and will promote greater clarity and pricing transparency.

US FOB petcoke prices have been published weekly in Coal Trader and Coal Trader International in a high and low range. The high and low values -- along with a closing value at the midpoint of the range -- also have been published in Global Coal Alert page 960 and Market Data category CI.

Effective February 22, 2017, Platts will no longer publish those high and low values, and will only publish a closing value. The last day of publication for the high and low values will be February 15, 2017.

Further details about the changes will be made available in the US petcoke methodology guide once these changes have been implemented.

Additionally, Platts will make the following name changes to its existing petcoke products:

FOB US Gulf Coast 6% sulfur (CPAAA00) will be renamed FOB US Gulf Coast High Sulfur, and will be normalized to 6.5% sulfur petcoke; FOB US Gulf Coast 4%-5% Sulfur (CPAAF00) will be renamed FOB US Gulf Coast Mid Sulfur, and will be normalized to 4.5% sulfur petcoke; FOB US West Coast =2.5% Sulfur (CPAAC00) will be renamed FOB US West Coast Mid Sulfur, and will be normalized to 3% sulfur petcoke; FOB US West Coast 2.5% Sulfur (CPAGG00) will be renamed FOB US West Coast Low Sulfur, and will be normalized to 2% sulfur petcoke.

Please address any questions or comments to coal@spglobal.com and pricemethodology@spglobal.com.