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About Commodity Insights
26 May 2015 | 04:20 UTC — London
Platts will add Chinese yuan/metric ton coal prices to existing Platts/Fenwei CCI 8 CFR South China 5,500 kcal/kg NAR and CCI 7 CFR South China 4,700 kcal/kg NAR price assessments, effective May 29, 2015. The new yuan/mt price for CCI 8 -- to be named CCI 8 Duty & VAT Included -- will reflect the CCI 8 price denominated in Chinese yuan and will include the 17% value-added tax and the 6% import tariff. The other new price -- named CCI 7 VAT Included -- will reflect the CCI 7 price denominated in Chinese yuan and will include the 17% value-added tax. These new prices will reflect existing specifications for the CCI 8 and CCI 7 price assessments. Please address any questions or comments to the International coal desk at coal@platts.com with a cc to pricegroup@platts.com. 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 confidential available upon request.