Platts extends feedback period for proposal to discontinue thermal coal FOB China assessment

S&P Global Platts is extending the feedback period for its proposal to discontinue its daily Yuan per metric ton and the US Dollar per metric ton equivalent FOB Qinhuangdao assessments for Chinese domestic thermal coal grades 5,500 kcal/kg NAR (PCC 1) and 5,000 kcal/kg NAR (PCC 2) along with the associated monthly and quarterly averages with effect from April 1, 2020.

S&P Global Platts is proposing to discontinue these assessments to focus on the more liquid international import and export markets.

Platts first proposed this in a subscriber note published on December 16, 2019: http://plts.co/ZWSp30q2cem

Platts understands that the dynamics of the Chinese domestic thermal coal market is important to analysis of the supply and demand situation in China, and will thus still continue to provide the latest coverage of the Chinese domestic market, including domestic thermal coal policy updates and customs data in our news articles and daily commentaries.

The assessments proposed for discontinuation are published under the following codes:

PCC 1 (FOB Qinhuangdao) 5,500 NAR 7-45 day PCCQH00 PCCQH03 PCCQH05

PCC 2 (FOB Qinhuangdao) 5,000 NAR 7-45 day PCCPN00 PCCPN03 PCCPN05

PCC 1 (FOB Qinhuangdao) 5,500 NAR 7-45 day PCCQG00 PCCQG03 PCCQG05

PCC 2 (FOB Qinhuangdao) 5,000 NAR 7-45 day PCCPM00 PCCPM03 PCCPM05

They are published in Coal Trader International (CTI) page 1 and Global Coal Alert (GCA) pages 810 and 820.

Please send all comments or questions to coal and pricegroup by January 20, 2020.

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.