23 Dec 2019 | 09:29 UTC — New York

Platts to change calculation formula for 62/60 CSR Met Coke China Export-Domestic Differential

S&P Global Platts has decided to change the calculation formula for Met Coke 62% CSR Export-Domestic FOB North China differential (PLVHN04), effective February 3, 2020.

The change will help to better reflect the export-domestic spread for comparable grades of metallurgical coke with 62% CSR guaranteed and rejection below 60% CSR.

Current formula:

PLVHN04 = AAWVL00 - PLVHM04

Description

Code

Coke 12.5% Ash FOB Tianjin China $/MT

AAWVL00

Met Coke 62% CSR FOB North China Equivalent Weekly

PLVHM04

Proposed formula:

PLVHN04 = MCCHA00 - PLVHM04

Description

Code

Met Coke 62/60 CSR FOB China $/MT

MCCHA00

Met Coke 62% CSR FOB North China Equivalent Weekly

PLVHM04

The change will affect the prices published under Platts China PLV, Met Coke Price Differentials found in Page 6 of Steel Markets Daily publication, and page 6 of Coal Trader International.

This differential is also published on Platts Market Centre, on the Platts Metals Alert’s fixed page MW1052, and in the Platts price database under the following codes PLVHN03 and PLVHN04.

Please submit any feedback, comments or questions about this decision to cokingcoal@spglobal.com and pricegroup@spglobal.com.

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