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29 Apr 2020 | 05:43 UTC — New York
S&P Global Platts proposes to discontinue its daily CFR India West and CFR India East assessments for Indonesian thermal coal grade 3,800 kcal/kg GAR from August 3, 2020.
Platts understands that the Indian coal import market has seen a shift towards direct use of higher calorific coals, alongside blending of lower calorific coals.
This has led to a decline in imports of the 3,800 kcal/kg GAR grade, and a consequent drop in visible spot market information for this grade.
Platts will continue to publish CFR India West and CFR India East assessments for 5,500 kcal/kg NAR, 5,000 kcal/kg GAR and 4,200 kcal/kg GAR thermal coal grades. Under the proposal, the following assessments would be discontinued from August 3:
These assessments are published in Coal Trader International, on Global Coal Alert pages 410 and 425, and in the Platts price database under the codes above.
Please send all comments or questions to coal and pricegroup by May 18, 2020.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.