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The change follows market consultations that started on November 11.
The specifications of the price remain unchanged:
Price: Hard coking coal domestic China spot market, Shanxi-origin, delivered Tangshan, yuan/tonne Quality: Volatile matter: <28 G value: >75 Y value: >16 Ash: <=11.5 Sulphur: <=1.4 Location: Delivered to mill Tangshan Unit: CNY/tonne Publication: Weekly. Monday
To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to these assessments, please contact Deepali Sharma by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Deepali Sharma, re: China domestic coking coal.’
To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.