Platts to publish NAR equivalent values of 8 existing thermal coal prices in GAR

Platts, part of S&P Global Commodity Insights, will launch NAR (net as received) equivalent values of eight existing thermal coal assessments, currently published in GAR (gross as received), from Nov. 15, 2023.

Below are the existing assessments in GAR and their to-be-launched equivalents in NAR:-

FOB Kalimantan 3,800 kcal/kg GAR [CSCKJ00] <=> FOB Kalimantan 3,400 kcal/kg NAR [CTCAD00]

FOB Kalimantan 4,200 kcal/kg GAR [CSBKI00] <=> FOB Kalimantan 3,800 kcal/kg NAR [CTCAA00]

FOB Kalimantan 5,000 kcal/kg GAR [CSAKI00] <=> FOB Kalimantan 4,700 kcal/kg NAR [CTCAB00]

FOB Kalimantan 5,900 kcal/kg GAR [CSAKH00] <=> FOB Kalimantan 5,600 kcal/kg NAR [CTCAC00]

CFR India West 4,200 kcal/kg GAR [TCAKT00] <=> CFR India West 3,800 kcal/kg NAR [TCBKT00]

CFR India West 5,000 kcal/kg GAR (TCAKP00) <=> CFR India West 4,700 kcal/kg NAR [TCBKP00]

CFR India East 4,200 kcal/kg GAR [TCAKU00] <=> CFR India East 3,800 kcal/kg NAR [TCBKU00]

CFR India East 5,000 kcal/kg GAR [TCAKJ00] <=> CFR India East 4,700 kcal/kg NAR [TCBKJ00]

Market survey results suggested the NAR values, which are calculated after factoring in the hydrogen, moisture and oxygen content in the GAR equivalents, would add more value to the existing assessments.

The assessment would follow the Singapore daily publishing schedule, reflecting the market as of 5:30 pm Singapore time.

The NAR values of the above mentioned eight prices will appear in fixed pages, with number GCI0410, GCI0420, EPO910, GC0410, and EPO911.

Please send all comments, feedback, and questions to coal@spglobal.com and pricegroup@spglobal.com, by Nov. 10, 2023.

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.