SUBSCRIBER NOTE: Platts to widen assessment window for CIF Japan aluminum

S&P Global Platts has decided to widen the assessment window for its daily spot CIF Japan aluminum premium assessment, following a period of market feedback and a proposal note on the subject first published August 25, 2016.

The spot cargo loading period under assessment will change to 15-60 days, effective April 3, 2017, from the current methodology of loading in the month following the transaction.

Widening the timeframe will 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 this note to Mayumi Watanabe, mayumi.watanabe@soglobal.com, Karen McBeth, karen.mcbeth@spglobal.com, and pricemethodology@platts.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 confidential available upon request.