Platts adjusts the CSR band for coking coal penalties and premia differentials

S&P Global Platts has narrowed the CSR band for premium hard coking coal penalties and premia differentials to 67-74%, effective August 3, 2020.

The implementation of this change follows on from a decision note published on July 7, available here: https://bit.ly/3k8cXWE

The adjustment involves a narrowing of the defined CSR range for the differential for CSR as % PLV FOB Australia (CPCSA00) assessment to 67-74%, from the previous 60-71% range. It also affects the differential CSR per 1% PLV $/Mt (CPCSP00). The adjustment better reflects the range of CSR in which Platts believes CSR value to be linear, and narrows the scope of this differential to only include premium hard coking coals.

Other published quality differentials, including Per 1% VM (air dried), Per 1% TM (as received), Per 1% Ash (air dried) and Per 0.1%S (air dried), remain unaffected.

The price series concerned are published in SBB Steel Markets Daily, Coal Trader International, on the real-time Platts Metals Alert on fixed pages 205, 1051, and in the Platts price database under the symbols mentioned above.

Please send any feedback, comments or questions to pl_cokingcoal@spglobal.com and pricegroup@spglobal.com.

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