09 Nov 2018 | 07:36 UTC — Singapore

SUBSCRIBER NOTE: Platts proposes to launch a coking coal swaps assessment for Yr02

S&P Global Platts is proposing to launch a coking coal swaps assessment for two years ahead (Yr02) in order to comprehensively reflect the liquidity and open interest from January 2, 2019.

The new launch will be as of the following:

TSI Premium Hard Coking Coal FOB Australia swap $/Mt Yr02

The current coking coal swaps assessments are as of the following:

TSI Premium Hard Coking Coal FOB Australia swap $/Mt Mo01 (MCPLM01); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Mo02 (MCPLM02); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Mo03 (MCPLM03); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Qr01 (MCPLQ01); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Qr02 (MCPLQ02); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Qr03 (MCPLQ03); TSI Premium Hard Coking Coal FOB Australia swap $/Mt Yr01 (MCPLY01)

In line with the current assessment, the proposed Yr02 coking coal swap assessment will also be based on TSI Premium Hard Coking Coal Australia Export FOB East Coast Port (TS01034).

Platts invites comments, questions and other feedback on this proposal by November 22, 2018. Please submit any feedback, comments or questions to kevin.seo@spglobal.com, copying in TSIMetcoal@spglobal.com and pricegroup@spglobal.com

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.