17 Aug 2022 | 09:17 UTC

Platts proposes aligning Japan aluminum assessments publication with Singapore holiday calendar

Platts, part of S&P Global Commodity Insights, is seeking feedback on a proposal to align publication of its CIF Japan Spot Aluminum Premium and CIF Japan

Forward Quarter Aluminum Premium with the Singapore holiday schedule, beginning in 2023.

The assessments, which Platts publishes as a premium or discount to the London Metal Exchange's daily aluminum settlement price, currently follows the Japan and UK holiday calendars.

Beginning in 2023, there would be no CIF Japan aluminum spot and forward quarter premium assessments published on the following Singapore holidays or days on which those holidays are observed:

New Year's Day

Lunar New Year

Good Friday

Hari Raya Puasa

Labor Day

Vesak Day

Hari Raya Haji

National Day

Deepavali

Christmas Day

The proposal would also affect related CIF Japan aluminum assessments and calculations. All-in calculations, which add premiums or discounts assessed by

Platts to underlying settlements from the LME, would only be published on dates that are working days in both Singapore and the UK. Monthly averages of all-in prices would equal the aggregate of published values only.

The following symbols would be impacted by this proposed change:

DESCRIPTION
SYMBOL
MONTHLY AVERAGE
WEEKLY AVERAGE
YEARLY AVERAGE
CIF Japan Spot Premium
MMANA00
AAMDP00
MMANB04
AAMDP16
CIF Japan Fixed Price Equivalent (All-in)
MMJAL00
CIF Japan Forward Quarter Premium
AAFGA00
AAFGB00
AAFGA04
CIF Japan Quarter Fixed Price Equivalent (All-in)
MMJAQ00
Alum Japan First Mo Ex-whse
MMALU00
MMALU04
Alum Japan Sec Mo Ex-whse
MMALX00
MMALX04
Aluminum Jpn InWhse Mo 3 Yen/Kg
MMAJW30
Aluminum Jpn InWhse Mo 4 Yen/Kg
MMAJW40

Platts CIF Japan aluminum assessments are published in Platts Metals Daily, on pages PMA/MTL0107, PMA/MTL0108, PMA/MTL0419 and PMA/MTL0650 of 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.

Platts invites feedback to platts_mjp_moc@spglobal.com and pricegroup@spglobal.com by Sept. 30, 2022.

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.