Platts proposes to adjust the CSR band for coking coal penalties and premia differentials

S&P Global Platts is proposing to narrow the CSR band for premium hard coking coal penalties and premia differentials, effective August 3, 2020, and seeks market feedback of this proposal.

Platts proposes to narrow the defined range of the differential for CSR as % PLV FOB Australia (CPCSA00) to 67-74%, from the current 60-71% range.

The proposal aims to better reflect the range of CSR in which Platts believes CSR value to be linear, and narrows the scope of this differential to only include premium hard coking coals. The proposal would also affect the differential CSR per 1% PLV $/Mt (CPCSP00).

Other published quality differentials, including Per 1% VM (air dried), Per 1% TM (as received), Per 1% Ash (air dried) and Per 0.1%S (air dried), would remain unaffected.

The price series concerned are published in SBB Steel Markets Daily, Coal Trader International, on the real-time Platts Metals Alert on fixed pages 205, 1051, and in the Platts price database under the symbols mentioned above.

Please send comments, questions and other feedback on this proposal by July 1, 2020 to pl_cokingcoal@spglobal.com and pricegroup@spglobal.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 as confidential available upon request.