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03 Oct 2016 | 02:23 UTC — Singapore
S&P Global Platts has decided to rationalize its thermal coal market reporting in the Asia-Pacific region after market consultation on our previously published proposal.
Specifically, Platts has decided to discontinue its existing 5,500 kcal/kg NAR series centered on China, which has been superseded by the launch of Platts PCC series.
Prior to the series' discontinuation, its last publication in Coal Trader International and Platts Global Coal page EP0910 and EP0913, will be on December 9, 2016. The affected prices are listed below:
Daily CFR South China 5,500 kcal/kg NAR - AAVSZ00 ($/mt), AAVTA00 (Yuan/mt) FOB Qinhuangdao 5,500 kcal/kg NAR - AAVTM00 ($/mt), AAVTN00 (Yuan/mt) Monthly averages CFR South China 5,500 kcal/kg NAR - AAVSZ03 ($/mt), AAVTA03 (Yuan/mt) FOB Qinhuangdao 5,500 kcal/kg NAR - AAVTM03 ($/mt), AAVTN03 (Yuan/mt)
Platts continues to invite any comments and queries to PL_AsiaThermalCoal@spglobal.com with a copy to pricemethodology@spglobal.com