Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities markets, and CME Group, the world's leading derivatives marketplace, are collaborating to bring increased transparency to the US spot physical aluminum market through PlattsView, an online, direct-entry communications tool to be used in the Platts Market-On-Close (MOC) price assessment process for the US Aluminum P1020 Midwest Transaction Premium (MWP).
The online PlattsView MOC communications and visualization tool, which is expected to launch in January 2026, will allow participants in the US Aluminum Midwest Premium market to directly enter bids, offers and transaction data into the Platts price assessment process. The Platts MWP is the industry-recognized benchmark for US aluminum prices.
CME Group will provide its CME Direct front-end solution as the technology that will give PlattsView its real-time screen view of the price assessment process.
"PlattsView users will benefit from the ease of communication and the at-a-glance view of market activity," said Matt Thompson, Head of Platts Global Trading Solutions, S&P Global Commodity Insights. "We are excited about the enhanced transparency it will bring to the US aluminum market and about our expanded work with CME Group in this important market."
Platts is actively engaged with market participants as it works to bring this new efficiency tool to its US aluminum price assessment processes and will conduct demonstrations of the tool to the marketplace.
"As regional price dynamics become increasingly important, our collaboration with PlattsView will enhance transparency for the US aluminum community," said Jin Hennig, Managing Director and Global Head of Metals at CME Group.
About S&P Global Commodity Insights
At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.
