19 Mar 2015 | 02:42 UTC — Singapore

SUBSCRIBER NOTE: Platts to launch Metallurgical Coal China Index series Apr 13

Platts, a division of McGraw Hill Financial, Inc., and Shanxi Fenwei Energy Consulting Co. Ltd. will launch of Metallurgical Coal China Index (MCCI) price assessment series on April 13, 2015. The new series will include five spot metallurgical coal assessments in the Chinese domestic spot market. The proposed assessments are designed to reflect the daily tradeable values of a range of coal specifications in the Chinese domestic spot market. The assessments are MCCI Shanxi Premium Low Vol, MCCI Shanxi High Sulfur Premium Low Vol, MCCI North China Fat Coal, MCCI Shanxi PCI and MCCI Shandong Semi Soft. The assessments will be assessed in yuan per metric ton on either an ex-washplant, free on rail, or delivered duty paid Tangshan basis, wherever applicable. Platts and Fenwei will also assess four domestic logistic routes, including both rail and truck freight from Shanxi to Tangshan and Shandong. Platts and Fenwei will publish the new assessments' methodology in full on platts.com upon launch. The assessments will be published in SBB Steel Markets Daily, Coal Trader International, Metals Market Data category MC, Platts Metals Alert (pg. 1050) and Global Coal Alert (pg. 1050). Please address any questions or comments to cokingcoal@platts.com with a cc to pricegroup@platts.com.