27 Jul 2021 | 19:24 UTC

Correction: Australian premium low vol

S&P Global Platts would like to clarify published transaction details for Australian premium low volatile matter coal.

In the Metallurgical Coal commentary published in SBB Steel Markets Daily on July 23, the transaction was described as "another trade was concluded July 22 at $214/mt FOB Australia for 75,000 mt of Australian premium low-vol Saraji with August 20-29 laycan. This came with seller's option to deliver BMA-PLV at the same price for the same volume and laycan dates." Platts would like to clarify the seller's option was to deliver BMA-PLV at $215/mt FOB Australia, instead of at the same price as Saraji.