Platts continues to review feedback on proposed MOC timing, increments guidelines for PLV FOB Australia metallurgical coal

Platts, part of S&P Global Commodity Insights, is continuing to review feedback on its proposed timing and increment guidelines for its Premium Low Vol (PLV) FOB Australia metallurgical coal Market on Close (MOC) assessment process. Following further review, Platts will publish an update on its proposal, including a revised implementation date from the previously proposed Feb. 24, 2023.

Under the proposal, Platts would update its Metals MOC Timing and Increment Guidelines to include PLV FOB Australia metallurgical coal. The guidelines would apply to any firm, named market information reported to Platts for publication in the PLV FOB Australia assessment process.

The Metals MOC Timing and Increment Guidelines can be found here: Metals MOC Timing and Increment Guidelines.

Full details of the proposal are available in a subscriber note published Jan. 6: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/010623-platts-extends-feedback-period-for-proposal-to-introduce-moc-timing-increments-guidelines-for-plv-fob-australia-metallurg

Please send questions and comments to PL_CokingCoal@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.