Correction: Australian premium mid vol

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

In the Metallurgical Coal FOB Australia Assessment Rationale published in SBB Steel Markets Daily on August 6, the transaction was mentioned as "another trade, reported concluded Aug. 6 at $215/mt FOB Australia for 50,000 mt of an Australian premium mid vol Moranbah North with September 1-10 loading, was not reflected in the assessment process, because it was a result of an offer made on Aug. 2 with a five day validity period."

Platts would like to clarify the trade was a result of an offer with validity period from August 5 to August 6. The trade was not reflected in the assessment process because it was deemed not market-representative based on analysis against other price points on Aug. 6.