Platts to amend Asian Thermal Coal assessments from April 1

S&P Global Platts will align the publication of its daily Platts China Coal (PCC) index thermal coal assessments with the Singapore calendar, effective April 1, 2020, in order to better reflect international trading activity and liquidity.

Platts first proposed this change in a subscriber note published December 16, 2019: https://bit.ly/2uNnS32.

Currently, the PCC assessments are published according to the Chinese holiday calendar.

The PCC assessments that would be affected by this amendment are:

These assessments and their respective monthly and quarterly averages are published in: Coal Trader International (CTI) page 1 and Global Coal Alert (GCA) pages 810 and 820.

Separately, in a subscriber note dated December 16, 2019, Platts has proposed the discontinuation of its yuan/mt and US$/mt equivalent FOB Qinhuangdao price assessments for Chinese domestic thermal coal grades 5,500 kcal/kg NAR (PCC 1) and 5,000 kcal/kg NAR (PCC 2) with effect from April 1, 2020.

The subscriber note can be found at: http://plts.co/SfXx30qb0Kx

Please send all comments or questions to coal@spglobal.com and pricegroup@spglobal.com.

For written comments, 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 to the public upon request.