S&P Global and CME Group Collaborate to Launch PlattsView, Enhancing Transparency in US Aluminum Market

S&P Global Inc and CME Group have launched PlattsView, a new online tool to increase transparency in the US spot physical aluminum market. The tool allows for direct entry of bids, offers, and transaction data into the Platts Market-On-Close price assessment process. This collaboration brings advanced technology for real-time data visualization, enhancing efficiency and transparency in the aluminum market. The tool is expected to launch in January 2026.

S&P Global Inc and CME Group have announced the development of PlattsView, an advanced online tool aimed at increasing transparency in the US spot physical aluminum market. The collaboration between these two leading financial entities introduces a new level of efficiency and real-time data visualization to the aluminum market.

PlattsView, set to launch in January 2026, is an online, direct-entry communications tool that will be integrated into the Platts Market-On-Close (MOC) price assessment process for the US Aluminum P1020 Midwest Transaction Premium (MWP). This industry-recognized benchmark price assessment process will now benefit from the direct entry of bids, offers, and transaction data, streamlining the process and enhancing market transparency.

The tool will leverage CME Group's CME Direct front-end solution to provide real-time screen views of the price assessment process. This technology will enable participants to communicate directly and view market activity at a glance, making the process more efficient and transparent.

Matt Thompson, Head of Platts Global Trading Solutions at S&P Global Commodity Insights, expressed his excitement about the new tool: "PlattsView users will benefit from the ease of communication and the at-a-glance view of market activity. We are excited about the enhanced transparency it will bring to the US aluminum market and about our expanded work with CME Group in this important market."

Jin Hennig, Managing Director and Global Head of Metals at CME Group, highlighted the significance of the collaboration: "As regional price dynamics become increasingly important, our collaboration with PlattsView will enhance transparency for the US aluminum community."

Platts is actively engaging with market participants to demonstrate the tool and integrate it into its US aluminum price assessment processes. This collaborative effort underscores the commitment of both S&P Global Inc and CME Group to advancing market transparency and efficiency in the aluminum market.

References:
[1] https://www.prnewswire.com/news-releases/platts-cme-group-announce-screen-based-price-assessment-tool-for-aluminum-midwest-premium-302541037.html