21 Feb 2019 | 11:33 UTC — Sydney

SUBSCRIBER NOTE: Platts proposes update to Australia, China Alumina assessments

S&P Global Platts is proposing to update the shipment timing in the FOB Australia and CFR China alumina daily assessments effective Monday, June 3, 2019, to better reflect current market conditions.

Platts is inviting industry feedback on this proposal until Friday, April 19, 2019.

Platts proposes to widen the shipment timing to 14-60 days forward from the day of assessment, from 30-60 days.

The FOB Australia assessment carries the codes MMWAU00 for the daily assessment, MMWAU03 for the monthly average, MMWAU04 for the weekly average, and MMWAU16 for the yearly average.

The CFR China assessment carries the codes MMALZ00 for the daily assessment, MMALZ03 for the monthly average, MMALZ04 for the weekly average, and MMALZ16 for the yearly average.

Please send all feedback, queries and comments to joanna.lim@spglobal.com and pricegroup@spglobal.com by April 19, 2019.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.