Platts to amend European aluminum alloy volume specification

Platts, part of S&P Global Commodity Insights, is to update the volume specification for its weekly aluminum alloy 226 DDP Germany and 231 DDP German assessments to a minimum of one truckload quantity, from its current volume of one full truckload, effective Sept. 8.

Platts has observed that the standard traded volume may be larger than a single truckload, and the change aims to better reflect typical market practice. Under this change, volumes above one truckload will be considered for the assessment and may be normalized to the minimum specification.

The change was initially proposed on July 24: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/072423-platts-proposes-to-amend-european-aluminum-alloy-volume-specifications

The revised volume specification will affect the following assessments:

Full specifications can be found in Platts non-ferrous metals specifications guide at the following link:

https://www.spglobal.com/commodityinsights/PlattsContent/_assets/_files/en/our-methodology/methodology-specifications/global_nonferrous.pdf

The assessments are published in Platts Metals Daily, on pages PMA/MTL4310 on Platts Metals Alert and Platts Non Ferrous Metals Alert, in the Platts Market Center, Platts Dimensions Pro and in the Platts price database under the codes listed above.

Please send comments and questions to EMEAMetalsTeam@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.