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About Commodity Insights
01 Aug 2017 | 11:24 UTC — Singapore
S&P Global Platts launched FOB Newcastle High Ash, a new Australian Thermal Coal price index on August 1, 2017.
The new daily FOB Newcastle High Ash index will reflect trade in a 7-45 day forward window for Australian thermal coal with a calorific value of 5,500 kcal/kg NAR and maximum ash of 23% on an as-received basis, in a Capesize vessel of 130,000 mt, or on a FOB Newcastle basis.
The symbol for the new FOB Newcastle High Ash index is AAVVB00.
This price assessment will be published in Coal Trader International and will be available on Platts Coal Alert page GC0410 and EP0910 and in Market Data category CI.
The monthly and quarterly averages for this assessment will be available on Platts Coal Alert page GC0425 and EP0912.
Please send comments and feedback to PL_AsiaThermalCoal@spglobal.com with a copy to pricemethodology@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 to the public upon request.