Platts to discontinue FOB Newcastle 6,300 kcal/kg GAR physical, 6,000 kcal/ kg NAR financial forward curves

摘要

Following market consultation, S&P Global Platts has decided to discontinue its price assessments for FOB Newcastle 6,300 kcal/kg GAR physical grades along with associated financial forward curves with effect from December 2, 2019. This change follows a proposal in a subscriber note published September 3, 2019:Platts understands that the FOB Newcastle 6,300 kcal/kg GAR physical market has seen a decline in spot liquidity as well as in participation. Platts does not believe that information in this market now represents sufficient quality and quantity to inform a robust assessment.