SUBSCRIBER NOTE: Platts proposes MOC timestamp shift for iron ore, coal, steel

Platts invites industry feedback on its proposal to bring forward its Market on Close assessment timestamp for iron ore, metallurgical coal, thermal coal and steel in Asia to 5:30 pm Singapore time (0930 GMT) from the current 6:30 pm (1030 GMT). The proposed change would align the timestamp to the peak period of trading activity in the spot market, and allow Platts to continue to capture transactions, bids and offers to ensure the greatest accuracy in price discovery. Subscribers and market participants are invited to submit by December 14, 2012, any feedback or queries by email to iodex@platts.com, cokingcoal@platts.com, coal@platts.com and pricegroup@platts.com.