SUBSCRIBER NOTE: Platts launches new Chinese met coke assessment

Platts on April 27 launched a new daily metallurgical coke assessment for higher quality material with 66/65% coke strength after reaction (CSR), on an FOB China basis. The new series complements Platts' existing daily 62% CSR Met Coke FOB China assessment.

The launch is in response to market demand for such an assessment, amid growing prevalence of higher-CSR coke in the seaborne market.

The assessment reflects the transactable value of blast furnace metallurgical coke with 66/65% CSR, 12.5% ash, 0.65% sulfur, 84% minimum Micum 40, 7% maximum Micum 10, 30-90 mm size, 25% CRI and 5% total moisture, on an FOB Tianjin, North China, basis. The new assessment's methodology is available in full on platts.com.

The assessment will be published in SBB Steel Markets Daily, Coal Trader International, Metals Market Data category MC, Platts Metals Alert and Global Coal Alert.

Please address any questions or comments to cokingcoal@platts.com with a cc to pricegroup@platts.com.