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12 Apr 2015 | 03:27 UTC — Singapore
Platts, a division of McGraw-Hill Financial, Inc., and Shanxi Fenwei Energy Consulting Co. Ltd., have launched CCI Met (China Coal Index - Metallurgical) series on April 13, 2015.
The new series include five spot metallurgical coal assessments in the domestic Chinese spot market.
The assessments are designed to reflect the daily tradable values of a range of coal specifications in the Chinese domestic spot market.
The assessments are CCI Met Shanxi Premium Low Vol, CCI Met Shanxi High Sulfur Premium Low Vol, CCI Met North China Fat Coal, CCI Met Shanxi PCI and CCI Met Shandong Semi Soft.
The assessments are 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 also assess four domestic logistic routes, including both rail and truck freight from Shanxi to Tangshan and Shandong.
The assessments are published in SBB Steel Markets Daily, Coal Trader International, Metals Market Data category MC, Platts Metals Alert page 1050 and Global Coal Alert page 1050.
The new assessments' methodology is available in full on platts.com.
Please address any questions or comments to cokingcoal@platts.com with a cc to pricegroup@platts.com.