Platts to add new US aluminum CME-basis all-in price to database, publications

Platts, part of S&P Global Commodity Insights, will begin publishing a new daily US aluminum CME-basis all-in price, effective April 3, 2023.

The calculation will combine Platts MW US Transaction Premium (MMAKE00) and COMEX's physically deliverable Aluminum (ALI) pricing to calculate a daily all-in price.

The new data point will run alongside existing all-in calculations and will provide market participants with an additional reference. Beginning in April, Platts will publish the US Aluminum All-in (basis CME) price in cents/lb.

The calculation will be published in Platts Metals Daily, Platts Metals Week, and Platts Metals Alert on fixed page 1500, in the Platts PricePoint database, and in Platts Dimensions Pro.

Platts started publishing and databasing CME's Globex (ALI) Aluminum Futures settlements in November 2022 under the following symbols:

Aluminum (ALI) spot CMALI01

Aluminum (ALI) Month 2 CMALI02

Aluminum (ALI) Month 3 CMALI03

Aluminum (ALI) Month 4 CMALI04

Please send comments and questions to Platts_Aluminum@spglobal.com and pricegroup@spglobal.com.

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.