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Platts proposes discontinuing Euro price equivalents for Asian thermal coal on August 21

S&P Global Platts is proposing to discontinue publishing all Euro-denominated price equivalents of its Asia thermal coal assessments from August 21, 2020.

The proposal follows Platts' observation of a shift in trade flows over the last five years, where Northwest Europe is no longer a natural arbitrage outlet for Asian thermal coal and the markets in both regions trade independently, leading to a decline in the need for a Euro/mt price equivalent of Asian thermal coal assessments.

Platts will continue to publish these Asian thermal coal assessments in $/mt that reflect the value of the market at 5:30 pm Singapore time (0930 GMT).

Under the proposal, the assessments that are to be discontinued and their associated price database codes are as follows:


Symbols (Daily)

Symbols (Weekly)

Symbols (Monthly)

Symbols (Quarterly)

FOB Newcastle 5,500 kcal/kg NAR 7-45 Day





FOB Newcastle High Ash 5,500 kcal/kg NAR 7-45 Day





FOB Kalimantan 4,200 kcal/kg GAR 7-45 Day





FOB Kalimantan 3,800 kcal/kg GAR 7-45 Day





SEAT Coal Marker 15-60 day CFR Southeast Asia 4,200 kcal/kg GAR





FOB Kalimantan 5,900 kcal/kg GAR 90 Day





FOB Kalimantan 5,000 kcal/kg GAR 90 Day





CFR East Coast India 5,000 kcal/kg GAR 90 Day





CFR West Coast India 5,000 kcal/kg GAR 90 Day





FOB Russian Pacific 6,300 kcal/kg GAR 90 Day





The daily price symbols apart from TCAKK00 and TCAKQ00 are published in European Power Alert page 910 and the weekly price symbol CSEUO00 is published in page 506.

Please send all comments or questions to and by June 4, 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.