SUBSCRIBER NOTE: Platts proposes to launch a China BF iron ore pellet premium

Platts proposes to publish from October 7, 2015, a weekly spot CFR China blast furnace (BF) iron ore pellet premium assessment. This assessment would be published on Wednesdays, or the nearest prior working day, in case of a public holiday in Singapore. The assessment would be published on a $/dry metric ton basis and is intended to reflect the premium over the basis fines value plus VIU adjustment, expressed in the most commonly traded blast furnace pellet grades and brands imported into China. The proposed launch is in response to market request for greater informational transparency of pellet pricing and premiums in the seaborne spot market and a notable increase in spot liquidity for iron ore pellet imports into China, resulting from tighter environmental regulations. Platts is proposing to publish this value in the daily iron ore assessment table in SBB Steel Markets Daily on page 3 and on page MW1105 of PMA and to database the value, making it available in data products under the category SI. All comments and questions should be sent by September 2, 2015, to iodex@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.