SUBSCRIBER NOTE: CIF Turkey 6,000 kcal/kg NAR weekly assessment proposal

Platts is seeking industry feedback on a proposal to launch a new weekly CIF Turkey 6,000 kcal/kg NAR price assessment for thermal coal imported into Turkey on a 6,000 kcal/kg net-as-received basis, effective March 7, 2014. The new assessment will take into account thermal coal trades done in a forward 90-day delivery window. The minimum cargo size for consideration is 50,000 mt. Cargoes traded with more prompt or further forward laycans would be normalized to the middle of the assessment period. The assessment will be normalized to ICDAS Capesize port in the Marmara Sea, but will take into account the ports of Colakoglu OVA, ICDAS, Eren Enerji, Isken Enerji and Akcansa. The range of coal specifications for inclusion in the assessment will be: calorific value of 5,850-6,300 kcal/kg NAR, 6-15% ash, 10-15% moisture, 20-35% VM, 0.5-1% sulfur. The price assessment will be normalized to reflect the price of thermal coal basis 6,000 kcal/kg NAR, with typical specifications of 11% ash, 13% moisture and 0.8% sulfur. Please address any questions or comments by Friday, February 21, 2014, to the International Coal desk at coal@platts.com with a cc to pricegroup@platts.com