SUBSCRIBER NOTE: Platts adjusts US FOB coal assessments

S&P Global Platts has discontinued some of its weekly US FOB assessments for physical thermal coal and added new ones, effective on April 5.

The following assessments have been discontinued:

*FOB Baltimore 6,944 kcal/kg NAR 2.6% sulfur (CUAAA04) *FOB Hampton Roads 6,667 kcal/kg NAR 1% sulfur (CUABA04) *FOB New Orleans 6,111 kcal/kg NAR 2.9% sulfur (CUACA04)

The related monthly and quarterly averages have also be discontinued, as follows:

*FOB Baltimore 13000 Btu/lb GAR 2.6%S $/mt Mavg (CUAAA03) *FOB Baltimore 13000 Btu/lb GAR 2.6%S $/mt Qavg (CUAAA05) *FOB Hampton Roads 12500 Btu/lb GAR 1%S $/mt MAvg (CUABA03) *FOB Hampton Roads 12500 Btu/lb GAR 1%S $/mt QAvg (CUABA05) *FOB New Orleans 11500 Btu/lb GAR 2.9%S $/mt MAvg (CUACA03) *FOB New Orleans 11500 Btu/lb GAR 2.9%S $/mt QAvg (CUACA05)

In addition, Platts has launched a new assessment for thermal coal for export from the Port of Baltimore, as follows:

*FOB Baltimore 6,900 kcal/kg NAR 3% sulfur (CUATB04)

The proposed assessment will also include monthly (CUADA03) and quarterly (CUADA05) averages.

Finally, the existing assessments for FOB Hampton Roads 6,000 kcal/kg NAR 1% sulfur (CUAEA04) and FOB New Orleans 6,000 kcal/kg NAR 2.9% sulfur (CUAFA04), which previously were calculated based on the assessments for FOB Hampton Roads 6,667 kcal/kg NAR 1% sulfur (CUABA04) and FOB New Orleans 6,111 kcal/kg NAR 2.9% sulfur (CUACA04), respectively, have been converted into assessments, with value based on trades, bids, offers and indications heard in the market.

Please address any questions or comments to coal@spglobal.com and pricemethodology@spglobal.com.