Date
16 November 2018

Platts launches China-led thermal coal index series, paper says

International energy data provider Platts and Fenwei Energy Consulting Co, a Chinese coal market information provider, have jointly launched the world’s first Chinese-led thermal coal price index series for the Chinese market, Securities Times reported Tuesday. One of the indexes — China Coal Index (CCI) 1 – records the free on board (FOB) price of domestic thermal coal of the net-as-received grade of 5,500 Kilocalorie per kilogram from Qinhuangdao area ports. Meanwhile, the other index – CCI 8 – tracks price of the same grade thermal coal as delivered into south China ports, the report said.

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MY/AC/RC

 

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