30 Jun 2013 | 03:07 UTC — Singapore

SUBSCRIBER NOTE: Platts to amend CFR China, India delivery windows for met coal, coke

Following industry feedback, Platts confirms that with effect from August 1, 2013, Platts will amend the defined delivery window for its metallurgical coal and coke assessments on a CFR China and CFR India basis to better reflect market practice. Assessments on a CFR China basis will reflect cargoes arriving in 20-65 days, from the previous window of 30-75 days. This change will apply to HCC Peak Downs Region, Premium Low Vol, HCC 64 Mid Vol, Low Vol PCI, Low Vol 12 Ash PCI, and Semi Soft. While cargoes falling outside this window will be excluded from assessments, transactions of on-the-water cargoes of US origin will be analyzed for pricing consistency. For PCI and semi-soft assessments, prompter Russian cargoes will also be analyzed for pricing consistency. Assessments on a CFR India basis will reflect cargoes arriving in 22-65 days, from 21-60 days previously. This change will apply to HCC Peak Downs Region, Premium Low Vol, HCC 64 Mid Vol, Low Vol PCI, Low Vol 12 Ash PCI, Semi Soft and Met Coke. While cargoes falling outside this window will be excluded from assessments, transactions of on-the-water cargoes of US origin will be analyzed for pricing consistency. Please send any further feedback and questions to julien.hall@platts.com with a cc to pricegroup@platts.com