Platts discontinues FOB Vancouver Powder Basin thermal coal export assessments

Platts, part of S&P Global Commodity Insights, has discontinued its FOB Vancouver thermal coal price assessments below, effective Aug. 21, 2023, amid limited liquidity.

1. FOB Vancouver 8,800 Btu/lb netback (COVCU00)
2. FOB Vancouver 5,000 kcal/kg NAR assessment (CTVCA00)

Both Powder River Basin grades no longer reflect coals exported from Western Canada.

Platts first proposed the discontinuation in a note published on May 23, 2023, available here.

The affected assessments appeared on fixed pages GCN0360, GCN0230, GCI0360; in Platts Coal Trader; and in Platts Coal Trader International.

Platts launched a new FOB Vancouver 5,750 kcal/kg NAR thermal coal assessment (CTVCB00) effective June 28, 2023, based on a freight netback for thermal coal delivered CFR Northeast Asia from any source, announced in a subscriber note June 26, 2023, here.

Please send all comments, feedback, and questions to coal@spglobal.com and pricegroup@spglobal.com.

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