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09 Jul 2013 | 10:12 UTC — Singapore
Platts clarifies the ports considered in its metallurgical coal FOB Australia assessments. These include Dalrymple Bay, Hay Point, Gladstone and Abbot Point; and in New South Wales: Newcastle and Port Kembla. Freight rates for hard coking coal from any of these ports are normalized to Hay Point port for assessment purposes. For PCI and Semi Soft assessments, freight rates from any of these ports are normalized to Dalrymple Bay.