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

S&P Global Platts has changed the calculation formula for Met Coke 62% CSR Export-Domestic FOB North China differential (PLVHN04), effective February 3, 2020, in order to better reflect the export-domestic spread for comparable grades of metallurgical coke with 62% CSR guaranteed and rejection below 60% CSR.

New 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

Previous 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

The change affected 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. Platts will consider all comments received and will make comments not marked as confidential available upon request.