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Platts to change assessment process for premium hard coking coal FOB Australia

With Edwin Yeo

March 29, 2016 05:36:00 EST (4:31)

Changes in market trading patterns have prompted Platts to change its process of assessing its premium hard coking coal FOB Australia assessment. In this video, Platts managing editor for steel raw materials Edwin Yeo explains that transactions, bids and offers made on a FOB or delivered basis to countries other than China have increased, while China's imports of premium HCC have fallen. The new process of assessing premium HCC FOB Australia, which includes the Peak Downs and Premium Low Vol (PLV) assessments, will take effect on April 1, 2016.

You can view the full subscriber note here: Platts to revise assessment process for Premium HCC FOB Australia. A white paper, "Met coal market shift prompts methodology change," is also available.

Platts welcomes your questions and feedback on this price assessment change. Please address your e-mails to Annalisa Jeffries, Edwin Yeo and the Price Methodology team.

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