SUBSCRIBER NOTE: Platts proposes to extend US met coal laycan period to 14-60 days

S&P Global Platts is proposing to extend the US hard coking coal assessment spot loading laycan to 14-60 days, from the current 14-45 days, following initial market feedback and a review of current typical trading practices.Platts is inviting feedback to this proposal until April 22 and proposes to extend the laycan and assess spot prices on the new basis effective Monday, June 3, 2019. The US met coal assessments are published in page 4 of the Steel Markets Daily publication, page 8 of Coal Trader International publication, and page 4 of Coal Trader publication. Please submit any feedback, comments or questions about this proposal to cokingcoal@spglobal.com and pricegroup@spglobal.com by April 22. 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.