Platts, CME Group Announce Screen-based Price Assessment Tool for Aluminum Midwest Premium
S&P Global's (NYSE:SPGI) Platts division and CME Group have announced a collaboration to launch PlattsView, a new online price assessment tool for the US aluminum market. The platform will launch in January 2026 and will be integrated into Platts' Market-On-Close (MOC) price assessment process for the US Aluminum P1020 Midwest Transaction Premium (MWP).
The new tool will utilize CME Group's CME Direct front-end technology to provide real-time screen views of price assessments. PlattsView will enable market participants to directly enter bids, offers, and transaction data, enhancing transparency in the US spot physical aluminum market.
Platts, divisione di S&P Global (NYSE:SPGI), e CME Group hanno annunciato una collaborazione per il lancio di PlattsView, un nuovo strumento online di valutazione dei prezzi per il mercato dell'alluminio statunitense. La piattaforma sarà disponibile a partire da gennaio 2026 e sarà integrata nel processo di valutazione Market-On-Close (MOC) di Platts per il premio di transazione Midwest sull'alluminio P1020 (MWP).
Lo strumento utilizzerà la tecnologia front-end CME Direct di CME Group per offrire visualizzazioni in tempo reale delle valutazioni di prezzo. PlattsView permetterà ai partecipanti al mercato di inserire direttamente offerte, proposte e dati di transazione, aumentando la trasparenza nel mercato spot fisico dell'alluminio negli USA.
La división Platts de S&P Global (NYSE:SPGI) y CME Group han anunciado una colaboración para lanzar PlattsView, una nueva herramienta de valoración de precios en línea para el mercado del aluminio en EE. UU. La plataforma se lanzará en enero de 2026 y se integrará en el proceso Market-On-Close (MOC) de Platts para la prima de transacción Midwest del aluminio P1020 (MWP).
La nueva herramienta empleará la tecnología de front-end CME Direct de CME Group para mostrar vistas en pantalla en tiempo real de las valoraciones de precios. PlattsView permitirá a los participantes del mercado introducir directamente ofertas, demandas y datos de transacciones, mejorando la transparencia en el mercado físico spot del aluminio en EE. UU.
S&P Global(NYSE:SPGI)의 플랫츠(Platts) 부문과 CME 그룹이 미국 알루미늄 시장을 위한 신규 온라인 가격 평가 도구인 PlattsView를 출시하기 위해 협력한다고 발표했습니다. 이 플랫폼은 2026년 1월에 출시되며, Platts의 Market-On-Close(MOC) 가격 평가 프로세스에 미국 알루미늄 P1020 Midwest 거래 프리미엄(MWP) 평가로 통합될 예정입니다.
신규 도구는 CME 그룹의 CME Direct 프론트엔드 기술을 활용해 가격 평가의 실시간 화면 보기를 제공할 것입니다. PlattsView를 통해 시장 참가자들은 직접 매수·매도 호가와 거래 데이터를 입력할 수 있어 미국 스팟 물리적 알루미늄 시장의 투명성이 향상됩니다.
La division Platts de S&P Global (NYSE:SPGI) et CME Group ont annoncé une collaboration pour lancer PlattsView, un nouvel outil en ligne d'évaluation des prix pour le marché de l'aluminium aux États-Unis. La plateforme sera lancée en janvier 2026 et sera intégrée au processus d'évaluation Market-On-Close (MOC) de Platts pour la prime de transaction Midwest sur l'aluminium P1020 (MWP).
Le nouvel outil utilisera la technologie frontale CME Direct de CME Group pour fournir des affichages écran en temps réel des évaluations de prix. PlattsView permettra aux acteurs du marché de saisir directement des ordres d'achat, des offres et des données de transaction, renforçant ainsi la transparence sur le marché physique spot de l'aluminium aux États-Unis.
Die Platts-Sparte von S&P Global (NYSE:SPGI) und die CME Group haben eine Zusammenarbeit zur Einführung von PlattsView angekündigt, einem neuen Online-Tool zur Preisbewertung für den US-Aluminium-Markt. Die Plattform startet im Januar 2026 und wird in den Market-On-Close (MOC)-Bewertungsprozess von Platts für den US-Aluminium P1020 Midwest Transaction Premium (MWP) integriert.
Das neue Tool nutzt die Front-End-Technologie CME Direct der CME Group, um Echtzeitbildschirmanzeigen der Preisbewertungen bereitzustellen. PlattsView ermöglicht es Marktteilnehmern, direkt Gebote, Angebote und Transaktionsdaten einzugeben und verbessert so die Transparenz im US-Spot-physikalischen Aluminium-Markt.
- Integration with CME Direct technology enhances market efficiency and transparency
- Direct entry of bids, offers, and transaction data streamlines price assessment process
- Partnership strengthens the industry-recognized US aluminum price benchmark
- None.
Insights
S&P Global and CME Group's partnership to develop PlattsView will enhance transparency in aluminum pricing, strengthening their market data offerings.
The announced collaboration between Platts (part of S&P Global Commodity Insights) and CME Group represents a significant enhancement to market infrastructure for aluminum pricing. The new PlattsView tool, leveraging CME Direct technology, will digitize and streamline the price discovery process for the Aluminum P1020 Midwest Transaction Premium (MWP) – the industry benchmark for US aluminum prices.
This development addresses a critical market need by bringing screen-based visibility to what has traditionally been a less transparent pricing mechanism. By allowing market participants to directly enter bids, offers, and transaction data into the Platts Market-On-Close assessment process, this tool creates an auditable, real-time view of price formation – particularly valuable in regional aluminum markets where price dynamics are increasingly important.
For S&P Global, this represents an evolution of their commodity price assessment business, potentially increasing the robustness of their benchmark while enhancing user experience. For CME Group, it extends their technology footprint deeper into physical commodity markets while complementing their existing aluminum futures contracts. The partnership leverages complementary strengths: S&P Global's benchmark methodology expertise with CME's trading technology capabilities.
The January 2026 implementation timeline gives market participants adequate preparation time for this infrastructural shift in how a key industrial metal is priced in North America.
The online PlattsView MOC communications and visualization tool, which is expected to launch in January 2026, will allow participants in the US Aluminum Midwest Premium market to directly enter bids, offers and transaction data into the Platts price assessment process. The Platts MWP is the industry-recognized benchmark for US aluminum prices.
CME Group will provide its CME Direct front-end solution as the technology that will give PlattsView its real-time screen view of the price assessment process.
"PlattsView users will benefit from the ease of communication and the at-a-glance view of market activity," said Matt Thompson, Head of Platts Global Trading Solutions, S&P Global Commodity Insights. "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."
Platts is actively engaged with market participants as it works to bring this new efficiency tool to its US aluminum price assessment processes and will conduct demonstrations of the tool to the marketplace.
"As regional price dynamics become increasingly important, our collaboration with PlattsView will enhance transparency for the US aluminum community," said Jin Hennig, Managing Director and Global Head of Metals at CME Group.
As the world's leading derivatives marketplace, CME Group and its exchanges offer a wide range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. In addition to futures and options trading, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
Media Contacts
About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
About S&P Global Commodity Insights
At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.
View original content to download multimedia:https://www.prnewswire.com/news-releases/platts-cme-group-announce-screen-based-price-assessment-tool-for-aluminum-midwest-premium-302541037.html
SOURCE S&P Global Commodity Insights; CME Group
FAQ
When will PlattsView launch for the US Aluminum Midwest Premium market?
What is the purpose of the PlattsView tool by S&P Global and CME Group?
How will PlattsView integrate with CME Group's technology?
What is the significance of the Platts Midwest Premium (MWP) in aluminum pricing?
How will market participants benefit from the new PlattsView platform?
