SUBSCRIBER NOTE: Platts proposes giving full weighting to verified transitions for TSI Premium Hard Coking Co

S&P Global Platts proposes to increase the weightage in its index calculation of trade observations (transactions concluded by non-data providers) verified by both counterparties involved to 100% of the total transaction volume, regardless of whether the counterparties are TSI data providers. This is up from 10% currently.

The proposed change to The Steel Index Premium Hard Coking Coal Australia Export FOB Index would be implemented from January 2, 2019.

In cases when either only one or zero counterparties can verify transactions concluded by non-data providers, TSI will maintain the current attribution of 10% to the total transaction volume during the index calculation process.

Platts invites feedback on this proposals until November 23, 2018.

Please submit any feedback, comments or questions about this proposal to TSImetcoal@spglobal.com by November 23, 2018.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.