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22 Oct 2019 | 09:47 UTC — Singapore
S&P Global Platts hereby notifies the market that effective October 22 it has lifted the mechanism allowing for the temporary use of indicative bids and offers in the calculation of the TSI PHCC FOB Australia coking coal index.
The temporary measure was triggered on October 2 to help to increase the number of price points available to compile TSI’s coking coal index at a time of reduced spot market activity. Liquidity has since improved.
Please send any feedback, comments or questions to tsimetcoal@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.