SUBSCRIBER NOTE: Platts launches new US thermal coal netback price

S&P Global Platts has launched a new price in its daily Physical Thermal Coal Netbacks table showing the total value of the sulfur penalty for thermal coal exported from the US Gulf Coast.

The new symbol is COPBP00.

The total value is calculated on a daily basis based on the value of per 0.1% sulfur (COPAP00) and is factored into the existing FOB US Gulf Coast netback (COUGU00). The total value will be shown in $/mt and will publish daily in Coal Trader and Coal Trader International, and Global Coal Alert Page 230 and Market Data category CO.

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