SUBSCRIBER NOTE:Platts proposes renaming Hail Creek met coal brand to Glencore Low Vol

S&P Global Platts proposes to rename the daily metallurgical coal brand assessment of Hail Creek to Glencore Low Vol (GLV) on January 1, 2020.

This prolonged notice period is given to provide sufficient time to market participants using this relativities assessment in contracts to make any necessary adjustments.

The proposal follows increased liquidity of the brand in the PHCC sector seen this year, which is produced by Glencore from the Hail Creek coal mine in Queensland, Australia.

Platts is proposing to reflect the following specifications for the GLV assessments: 68.7% CSR, 19.7% VM, 10.5% TM, 10% ash, 0.34% sulfur, 0.061% phosphorus, 186 ddmp maximum fluidity, 8.0 CSN, 51% vitrinite and 1.31% Ro Max.

The assessments will be in $/mt on a CFR Qingdao basis, for delivery 20-65 days from the date of publication.

Please send all feedback, comments and questions to PL_CokingCoal@mhf.mhc and pricegroup@spglobal.com by October 15, 2019.

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.