15 Dec 2016 | 12:58 UTC — Singapore

SUBSCRIBER NOTE: Replacement of the Qinhuangdao coal price

S&P Global Platts will discontinue the Qinhuangdao Coal $/MMBtu price conversion (code: LSAGH00) and replace it with the new JKT Coal Price Index $/MMBtu conversion, effective January 27, 2017.

Platts has decided to launch JKT, a new North East Asian Thermal Coal price index, based on seaborne delivery to Japan, South Korea and Taiwan. The new daily JKT index will reflect trade in thermal coal with a calorific value of 5,750 kcal/kg Net As Received [NAR] on a CFR basis traded in the spot market, for delivery in a 15-60 day forward window in a standard Panamax vessel of 75,000 mt and on cost and freight, or CFR basis.

The new $/MMBtu conversion of this price will appear in LNG Daily, and Platts Natural Gas Alert page 1024.

Please address any questions or comments to LNGeditorialteam@spglobal.com and pricemethodology@spglobal.com

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