SUBSCRIBER NOTE: Platts proposes to assess Illinois Basin OTC price

Platts is proposing to assess the over-the-counter price for the Illinois Basin 11,500 Btu/lb physically delivered coal futures contract.

The assessment will reflect the price of the contract for two front months, three forward quarters and one forward calendar year, and will be published daily in Platts Coal Trader in the Daily OTC Assessments table.

The specifications are coal with an average heat content of 11,500 Btu/lb, a maximum sulfur content of 3.15%, maximum ash content of 12% and maximum chlorine content of 0.35%, for delivery on the lower Ohio River. The price will be reported in US dollars per short ton.

Please address any questions or comments by October 6 to coal@platts.com and pricegroup@platts.com.