16 Dec 2019 | 04:12 UTC — Singapore

Platts proposes discontinuing thermal coal FOB China assessments

S&P Global Platts is proposing 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 understands that the dynamics of the Chinese domestic thermal coal market is important for the analysis of the supply and demand situation in China, and will thus still continue to provide the latest coverage of the 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:

Assessments

Symbols (Daily)

Symbols (Monthly)
Symbols (Quarterly)
Unit
PCC 1 (FOB Qinhuangdao) 5,500 NAR 7-45 day
PCCQH00
PCCQH03
PCCQH05
$/mt
PCC 2 (FOB Qinhuangdao) 5,000 NAR 7-45 day
PCCPN00
PCCPN03
PCCPN05
$/mt
PCC 1 (FOB Qinhuangdao) 5,500 NAR 7-45 day
PCCQG00
PCCQG03
PCCQG05
Yuan/mt
PCC 2 (FOB Qinhuangdao) 5,000 NAR 7-45 day
PCCPM00
PCCPM03
PCCPM05
Yuan/mt

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 15, 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.