25 Aug 2016 | 11:19 UTC — Tokyo

SUBSCRIBER NOTE:Platts proposes wider assessment window for spot CIF Japan aluminum

Platts is proposing to change the assessment window for its daily spot CIF Japan aluminum premium by widening the spot cargo loading period under assessment to 15-60 days following the transaction, from the current methodology of loading in the month following the transaction.

Platts proposes to widen the assessment window from April 3, 2017.

Widening the timeframe would allow for the inclusion of spot deals concluded after the declaration deadline of the 15th of the month, when the most immediate shipping time is often two months later, rather than the following month. The wider window will cover shipping times for the majority of spot cargoes from multiple origins.

Please send any feedback on the proposal by October 3, 2016, to Mayumi Watanabe, mayumi.watanabe@platts.com, Karen McBeth, karen.mcbeth@spglobal.com, and pricemethodology@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.