Platts clarifies transaction details for CIF Japan forward quarter aluminum premium

S&P Global Platts wishes to clarify that the CIF Japan forward quarter aluminum premium (AAFGA00) assessment reflects the majority of concluded quarterly price settlements for annual long-term contracts for standard grade P1020, which may be normalized in the case of packaged deals tied to value-added-products (VAP) where an impact on market value is observed, and irrespective of counterparty types.

In recent CIF Japan forward quarter negotiations and settlements, Platts has observed significantly differing values between standard P1020 quarterly negotiated deals compared with deals tied to VAPs.

Platts also wishes to clarify that in assessing the CIF Japan forward quarter aluminum premium, all trades reported that align to Platts methodology are considered, irrespective of whether they were sold by aluminum producers or traders.

Please submit any feedback, comments or questions about this notice to: platts_mjp_moc@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.