28 Jan 2019 | 02:26 UTC — Singapore

SUBSCRIBER NOTE: Platts to include Jimblebar Fines in IODEX, TSI assessment process

S&P Global Platts will include Jimblebar Iron Ore Fines (JMBF) in its IODEX (IODBZ00) and TSI-62% (TS01021) assessment process from March 1, 2019.

This decision comes on the back of a period of market consultation that began on January 7, 2019. Platts received positive market feedback to the proposal. Market participants across the supply chain stated the inclusion could provide a suitable addition to the group of iron ore brands considered in Platts IODEX and TSI-62% assessment.

Platts would consider bids, offers, trades and transactional information for JMBF cargoes, both on a fixed and floating basis, collected throughout the day from active market participants across the supply chain.

Platts would take into account the typical specification of JMBF in determining the assessment.

Please send all questions and feedback at IODEX@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 upon request.