Fastmarkets has decided not to proceed with the proposed amendment of the specifications of the indices for (MB-COA-0003) premium hard coking coal, fob DBCT, $/tonne and (MB-COA-0005) premium hard coking coal, cfr Jingtang, $/tonne, due to changes in spot market conditions.
After a consultation period, Fastmarkets has determined that current circumstances do not make the amendment to the specifications of the indices for premium hard coking coal viable.
Current circumstances also do not make the launch of the two grade-differential indices viable.
Fastmarkets reserves the right to start a fresh consultation on these in future should circumstances change.
To provide feedback on this decision, please contact Li Min by email at: firstname.lastname@example.org. Please add the subject heading "FAO: Li Min, re: Launch of premium hard coking coal specs, new grade differentials."
To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.