SUBSCRIBER NOTE: Platts proposes to launch weekly Turkey mid-sulfur petcoke assessment

Platts is seeking industry feedback on a proposal to launch a new weekly CIF Turkey mid-sulfur petroleum coke assessment, effective February 4, 2015.

The new assessment will take into account petcoke trades done in a forward 30-60-day delivery window.

Cargoes traded with more prompt or further forward laycans would be normalized to the middle of the assessment period.

The assessment will be normalized to the port of Iskenderun, but will take into account the ports of Izmir, Marmara and Samsun.

The range of petcoke specifications for inclusion in the assessment will be: calorific value of 7,000-8,000 kcal/kg NAR, 4-5.5% sulfur content and Hardgrove Grindability Index of 45-55.

The price assessment will be normalized to reflect the price of mid-sulfur petcoke of 5% sulfur content and 50 HGI in Handymax 50,000 mt vessels on a 7,500 kcal/kg NAR calorific value basis.

Please address any questions or comments by Wednesday, January 7, to the International Coal desk at coal@platts.com with a cc to pricegroup@platts.com.