Platts creates three new thermal coal daily rationales effective June 12

Platts, part of S&P Global Commodity Insights, has created three new daily thermal coal rationales for the following assessments: CFR Pakistan 5,750 kcal/kg NAR 15-60 day (TPKCA00), CIF ARA 6,000 kcal/kg NAR 15-60 day (CSARM01) and FOB Richards Bay 5,500 kcal/kg NAR 7-45 day (AAXE00) effective June 12, 2023.

Platts published a formal decision on March 30, 2023, in a subscriber note available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/033023-platts-to-create-three-new-thermal-coal-daily-rationales.

The CIF ARA rationale is included in Coal Trader and Coal Trader International. The CFR Pakistan and FOB Richards Bay rationales are included in Coal Trader International.

The new rationales increase clarity on the price assessments.

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