11 Dec 2018 | 08:00 UTC — Singapore

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

S&P Global Platts will launch a coking coal swaps assessment for two years ahead (Yr02) in order to comprehensively reflect the liquidity and open interest from February 1, 2019.

The new contract will be as follows:

TSI Premium Hard Coking Coal FOB Australia swap $/mt Yr02 and will carry the code "MCPLY02". The assessment will be on a daily basis with 5:30 pm Singapore time-stamp.

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).

Please submit any feedback, comments or questions to kevin.seo@spglobal.com, copying TSIMetcoal@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if they 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 those not marked as confidential available upon request.