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The rationale has been corrected as follows:Pricing rationale for MB-COA-0003 Premium hard coking coal, fob eastern Australian ports, on 12 Feb 2026Fastmarkets’ index for premium hard coking coal, FOB eastern Australian ports, fell by $2.43 per wmt on Thursday from the previous day. The price movement was based on the visible market activity detailed below, which was included in the index calculation according to the published methodology. Any data received under Data Submitter Agreements or subject to a confidentiality request will not be published. No data was discarded in the calculation of the index. For the calculation of the PHCC index, judgment was applied to carry over data in Thursday’s index due to low liquidity in the 24-hour pricing window, corresponding with published fallback measures.Trades/offers/bids heard in the marketGlobalCOAL, 75,000 tonnes of Goonyella premium mid-volatile matter hard coking coal, bid at $248.50 per wmt FOB Australia, laycan February 28-March 9
The published price is unaffected by this error.This price is part of the Fastmarkets steelmaking raw materials package.For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these indices, please contact pricing@fastmarkets.com and steelrawmaterials@fastmarkets.com. Please add the subject heading “FAO Paul Lim/Zheng Shuyi, re: premium hard coking coal price.”Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.