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23 Apr 2014 | 01:30 UTC — Singapore
Following industry feedback, Platts intends to launch, May 12, a new daily coking coal swaps forward curve, which will complement the Platts suite of physical metallurgical coal assessments. Platts is to assess the value of swaps for contracts three months forward, three quarters forward and one calendar year forward, settled basis the Platts Premium Low Vol FOB Australia assessment. The assessments would be time-stamped to 5:30 pm Singapore time. These values would be published in SBB Steel Markets Daily, Coal Trader International, Platts Metals Alert and available through Platts Market Data. All comments and questions should be addressed via email to Julien Hall, julien.hall@platts.com, with a cc to cokingcoal@platts.com and pricegroup@platts.com.