SUBSCRIBER NOTE: Platts clarifies Asia Pacific met coal relativities methodology

S&P Global is clarifying its methodology for Asia Pacific metallurgical coal relativities.

Platts assesses daily Asia Pac metallurgical coal relativities on a CFR China basis, and does not reflect any restrictions or import duties in its assessments, such as those in place for Canada-, Russia- and US-origin coal.

In addition, Platts normalizes tax refunds or rebates of import duties applied to coal sold on a CFR China basis from its assessments in its relativities table, which may affect the transacted price of the commodity.

All comments and questions may be addressed to edwin.yeo@spglobal.com and pricemethodology@spglobal.com.