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23 Oct 2019 | 02:24 UTC
S&P Global Platts is proposing to discontinue Standard and Premium CFR China relativities in Asia Pacific Metallurgical Coal market, effective Jan 24, 2020.
The proposal reflects a diminishing spot liquidity observed for both coal brands.
The change would affect the prices, published on Page 9 of Steel Markets Daily publication, page 8 of Coal Trader International, Platts Market Center, Platts Metals Alert pages MW1064 and MW1066 and in the Platts price database under the following codes:
Description
Daily symbol
Monthly symbol
Met Coal Standard CFR China $/mt
MCBAK00
MCBAK03
Met Coal Premium CFR China $/mt
MCBAL00
MCBAL03
Please submit any feedback, comments or questions about this proposal to cokingcoal@spglobal.com and pricegroup@spglobal.com by November 12, 2019.
For written comments, please provide a clear indication if comments are not intended for publication by S&P Global Platts for public viewing. S&P Global Platts will consider all comments received and will make comments not marked as confidential available upon request.