Platts amends Asian thermal coal assessments from April 1

S&P Global Platts has amended the publication schedule of its daily Platts China Coal, or PCC, index thermal coal assessments to align with the Singapore calendar, effective April 1, 2020, to better reflect international trading activity and liquidity.

Platts first proposed this change in a subscriber note published December 16, 2019: https://bit.ly/2uNnS32.

Currently, the PCC assessments are published according to the Chinese holiday calendar.

The PCC assessments that are affected by this amendment are:

These assessments and their respective monthly and quarterly averages are published in Coal Trader International, or CTI, on page 1 and in Global Coal Alert, or GCA, on pages 810 and 820.

Separately, Platts has discontinued its Yuan/mt and $/mt equivalent FOB Qinhuangdao price assessments for Chinese domestic thermal coal grades 5,500 kcal/kg NAR (PCC 1) and 5,000 kcal/kg NAR (PCC 2) from April 1, 2020.

This was first proposed in a subscriber note published on December 16, 2019: http://plts.co/SfXx30qb0Kx.

Please send all comments or questions to coal@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 to the public upon request.