Platts proposes to change calculation formula for Met Coke 62% CSR Export-Domestic FOB North China

S&P Global Platts is proposing to change the calculation formula for Met Coke 62% CSR Export-Domestic FOB North China differential (PLVHN04), effective February 3, 2020.

The change will help to better reflect the export-domestic spread for the similar grade of metallurgical coke.

Current formula:

PLVHN04 = AAWVL00 - PLVHM04

Description Code

Coke 12.5% Ash FOB Tianjin China $/mt AAWVL00

Met Coke 62% CSR FOB North China Equivalent Weekly PLVHM04

Proposed formula:

PLVHN04 = MCCHA00 - PLVHM04

Description Code

Met Coke 62/60 CSR FOB China $/MT MCCHA00

Met Coke 62% CSR FOB North China Equivalent Weekly PLVHM04

The change would affect the prices published under Platts China PLV, Met Coke Price Differentials found in Page 6 of Steel Markets Daily publication, and page 6 of Coal Trader International, Platts Market Centre. The fixed pages affected are MW1052 and in the Platts price database PLVHN03 and PLVHN04.

Please submit any feedback, comments or questions about this decision to cokingcoal@spglobal.com and pricegroup@spglobal.com by December 20, 2019.

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.