SUBSCRIBER NOTE: Platts to launch weekly Turkey mid-sulfur petcoke assessment

Following consultation with the market, Platts is to launch a new weekly CIF Turkey mid-sulfur petroleum coke assessment, effective March 4, 2015. The new assessment will take into account petcoke trades done in a forward 30-60-day delivery window. Cargoes traded with more prompt or further forward laycans will be normalized to the middle of the assessment period. The assessment will be normalized to the discharge port of Iskenderun, but will take into account the ports of Izmir, Marmara and Samsun. The range of petcoke specifications for inclusion in the assessment will be: calorific value of 7,000-8,000 kcal/kg NAR, 4-5.5% sulfur content dry basis and Hardgrove Grindability Index of 30-80. The price assessment will be normalized to reflect the price of mid-sulfur petcoke of 5% sulfur content dry basis and 50 HGI in Supramax 50,000 mt vessels on a 7,500 kcal/kg NAR calorific value basis. For methodology details, please contact the International Coal desk at coal@platts.com with a cc to pricegroup@platts.com