So let's say we sold PCI as high CV thermal. Compare with...

So let's say we sold PCI as high CV thermal. Compare with NewC.
Ash 4% Vs 14% Add premium of 4%.
CV Nett as received 7,500 Vs 6000 kcal/kg Add premium of 25%
Moisture: 5% Vs 15% % to % bonus Add premium 10%
Phosphorus: 0.004 Vs 0.068 17 times More for HCC and PCI add just 3% premium
Sulphur: 0.47% Vs 0.75% Added premium 4%
So add these all together = = 46% Premium
But alas, the story is not that good.
Parameters such as CV and Moisture Interact and are codependent.
So Premium on paper to NewC price about 36%
And there is a reliability penalty due to location 8%
So deduction leaves 28% PREMIUM to NewC
Plus there is a freight difference as closer to market add 2%
Actual Premium on paper to NewC price about 30% PREMIUM IF SOLD AS THERMAL International Market.
Have fun with this information. All my own figures with 52 years experience.
Do Your Own Research.