Effective January 4, 2016, Platts plans to launch daily physical assessments of Illinois Basin 11,800 Btu/lb FOB barge coal. The assessments will reflect the daily market value as of 2:30 PM Eastern prevailing time for two front months, three forward quarters and one forward calendar year, and will be published daily in Platts Coal Trader.
The specifications are coal with an average heat content of 11,800 Btu/lb and sulfur content of 5 lbs SO2/MMBtu, with delivery on the lower Ohio River. The prices will be reported in US dollars per short ton. Please address any questions or comments by December 31 to firstname.lastname@example.org and email@example.com.
Data Sources: Platts