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25 Apr 2012 | 12:21 UTC — London
Please note the Peak Downs region coking coal assessments were incorrectly reported on April 24.
The correct assessments are as follows: $218 FOB Australia, $233.5 CFR China, and $236 CFR India.
This assessment appears on Platts metals alert pg 1051, and in SBB Steel Markets Daily.
The following codes were updated HCCGA00, HCCGC00 and HCCGI00
Platts Daily Metallurgical Coal: Hard Coking Coal Assessments: 24Apr $/mt FOB CFR CFR Change Australia China India Australia China India Peak Downs Region X 218.00 X 233.50 X 236.00 -0.50 -0.50 -0.50 Premium Low Vol 218.50 234.00 236.50 -0.50 -0.50 -0.50 HCC 64 Mid Vol 193.50 209.00 211.50 -0.50 -0.50 -0.50
Low Vol PCI 150.00 165.50 168.00 +0.00 +0.00 +0.00 Low Vol 12 Ash PCI 133.00 148.50 151.00 +0.00 +0.00 +0.00
Semi Soft 134.00 149.50 152.00 +0.00 +0.00 +0.00
Met Coke - - 371.00 - - -0.50
Assessed Specifications CSR VM Ash S P TM Fluidity Peak Downs Region: 74% 20.7% 10.5% 0.60% 0.030% 9.5% 400 Premium Low Vol: 71% 21.5% 9.3% 0.50% 0.045% 9.7% 500 HCC 64 Mid Vol spec: 64% 25.5% 9.0% 0.60% 0.050% 9.5% 1700
Penalties & Premia: Differentials Within % of Premium Low Vol FOB Net Value Min-Max Australia assessment price ($/mt) Per 1% CSR 60-74% 0.50% 1.09 Per 1% VM (ad) 18-28% 0.50% 1.09 Per 1% TM (ar) 8-11% 1.00% 2.19 Per 1% Ash(ad) 7-10.5% 1.25% 2.73 Per 0.1%S (ad) 0.3-1% 1.00% 2.19
(ad) = air dried, (ar) = as received.
The assessed price of HCC Peak Downs(R) originates with Platts and is based on price information for a range of HCCs with a CSR 67% normalized to the standard of HCC Peak Downs(R) (CSR 74%). Peak Downs(R) is a registered trade mark of BM Alliance Coal Operations Pty Limited "BMA". This price assessment is not affiliated with or sponsored by BMA in any way.
Detailed methodology and specifications: http://plts.co/metcoal X=Corrected