08 Feb 2015 | 03:34 UTC — Singapore

SUBSCRIBER NOTE: Platts to launch new CFR India petcoke assessments March 11

Following a period of industry consultation, Platts will launch two new fuel grade petroleum coke assessments to reflect the value of imports into India's East and West coasts, effective March 11, 2015.

The new assessments reflect the value of high-sulfur fuel grade (HSFG) petroleum coke with a sulfur content of 6.5% and a HGI of 40, delivered to India on a 50,000-mt Supramax vessel, in US$/mt, CFR Krishnapatnam (East) and Kandla (West), 30-60 days from date of publication.

Cargoes traded with more prompt or further forward laycans would be normalized to the middle of the assessment period. For assessment purposes, petcoke with 6-8% sulfur and HGI of 38-55 would be considered.

Please address any questions or comments to the international coal desk at coal@platts.com with a cc to pricegroup@platts.com.

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