Platts, part of S&P Global Commodity Insights, and CME Group, an international derivatives marketplace, are collaborating to bring increased transparency to the US spot physical aluminum market through PlattsView, an online, direct-entry communications tool to be used in the Platts Market-On-Close (MOC) price assessment process for the US Aluminum P1020 Midwest Transaction Premium (MWP).

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.