06 Sep 2018 | 07:55 UTC — Singapore

SUBSCRIBER NOTE: Platts proposes to launch FBF and SSF brand assessments in Yuan/wmt

S&P Global Platts is proposing to launch brand assessments for port stocks trade of Fortescue Blend Fines (FBF) and Super Special Fines (SSF) on a free- on-truck basis, effective November 1, 2018. This proposal comes on the back of increasing spot trade of FBF and SSF at Chinese ports. Platts is widening its proposal initially made July 18, 2018 on the back of market feedback. The assessments would be displayed as an outright price on a Yuan/wet mt basis. The assessments would be based against the brand's typical specifications and would consider all data -- including bids, offers and trades -- from active market participants, subject to Platts editorial guidelines. Platts is proposing to publish two brand assessments for both FBF and SSF: one for East China (taking into account trade activity at Rizhao and Qingdao ports); one for North China (taking into account trade activity at Caofeidian and Jingtang ports). Please send all questions and feedback to IODEX@spglobal.com and pricegroup@spglobal.com by September 24, 2018. 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.