Argus is proposing to terminate several of its monthly 70 HGI petroleum coke assessments. Under this proposal, Argus would terminate the 70 HGI petroleum coke price assessments for fob US Gulf coast 6.5pc (PA0002612) and 4.5pc (PA0002610) sulphur and for cfr India 6.5pc (PA0006610) and 4.5pc (PA0006608) sulphur. Production of these grades has declined and the associated markets are no longer actively traded. Additionally, HGI has become a less significant price driver and 70 HGI product is typically valued in the market at a fixed premium to 40 HGI material.
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