03 Aug 2015 | 06:47 UTC — Houston

SUBSCRIBER NOTE: Platts to launch new US Illinois Basin coal assessment

Effective August 7, Platts will launch a weekly price assessment for Illinois Basin 11,800 Btu/lb, 5 lbs SO2/MMBtu FOB barge coal.

The specifications for the coal are an average heat content of 11,800 Btu/lb with typical sulfur content of 5 lbs SO2/MMBtu FOB barge. The price will be reported in $/st.

The weekly assessment will reflect the price of such coal in the US physical market for three forward quarters and one forward calendar year. The respective codes are CIGQ001; CIGQ002; CIGQ003; and CIGY001.

Platts' weekly coal assessments for the US physical market are published in the Weekly Price Survey, Traditional Physical Market table in Coal Trader on the final business day of the week.

Please address any questions or comments to coal@platts.com and pricegroup@platts.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 upon request.