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About Commodity Insights
20 Mar 2014 | 10:15 UTC — Washington
Following a period of industry feedback, Platts intends to bring forward its Market on Close assessment time stamp for Coal Trader's Over The Counter thermal coal assessments to 2:30 pm ET (1930 GMT) from the current 4 pm ET (2100 GMT) effective March 26, 2014. The proposed change would align the time stamp to the peak period of trading activity in the spot market, and allow Platts to continue to capture transactions, bids and offers to ensure the greatest accuracy in price discovery. Please direct any feedback or queries by email to coal@platts.com with a cc to pricegroup@platts.com.