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About Commodity Insights
01 Sep 2016 | 06:18 UTC — Singapore
Following a period of industry consultation and feedback, S&P Global Platts has launched five new Supramax dry bulk freight assessments reflecting the increasing liquidity on coal trade from South Kalimantan, Indonesia and Richards Bay, South Africa, to Navlakhi, West Coast India, and Paradip in East Coast India, respectively.
The new assessments reflect the growing spot fixture activity on these routes basis 50,000 mt (plus/minus 10%) for meeting the thermal coal requirements of Indian consumers.
The new assessments and their respective codes are as follows:
The assessments are published on a dollar per metric ton basis and appear in Platts Dry Freight Wire and Dry Freight Wire Monthly.
Any further feedback or questions should be directed to shipping@spglobal.com and pricegroup@spglobal.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.