S&P Global Commodity Insights Launches New Price-Assessment-Based Indices Reflecting Commodity Sector Value Trends
S&P Global Commodity Insights has launched five new price-assessment-based indices through its Platts division to track global commodity sector value trends. The new indices cover Global Transportation Fuels, Conventional Energy, Industrial Materials, Decarbonization, and Global Recycled Packaging. These indices compile spot physical prices from various markets including oil, natural gas, LNG, carbon, metals, chemicals, and biofuels. Over 380 companies have engaged with these indices during beta testing, with the Transportation Fuels Index showing a 9.5% decline year-to-date through October, indicating reduced inflationary pressure from fuel costs.
S&P Global Commodity Insights ha lanciato cinque nuovi indici basati su valutazioni dei prezzi attraverso la sua divisione Platts per monitorare le tendenze del valore nel settore delle materie prime a livello globale. I nuovi indici coprono Carburanti di Trasporto Globali, Energia Convenzionale, Materiali Industriali, Decarbonizzazione e Imballaggi Riciclati Globali. Questi indici raccolgono i prezzi fisici spot da vari mercati, inclusi petrolio, gas naturale, GNL, carbone, metalli, prodotti chimici e biocarburanti. Oltre 380 aziende hanno partecipato a questi indici durante il beta testing, con l'Indice dei Carburanti per Trasporto che ha mostrato un declino del 9,5% dall'inizio dell'anno fino a ottobre, indicando una riduzione della pressione inflazionistica dovuta ai costi dei carburanti.
S&P Global Commodity Insights ha lanzado cinco nuevos índices basados en evaluaciones de precios a través de su división Platts para rastrear las tendencias de valor del sector de materias primas a nivel global. Los nuevos índices abarcan Combustibles de Transporte Globales, Energia Convencional, Materiales Industriales, Descarbonización y Embalaje Reciclado Global. Estos índices compilan precios físicos spot de varios mercados, incluidos petróleo, gas natural, GNL, carbono, metales, productos químicos y biocombustibles. Más de 380 empresas han participado en estos índices durante la fase de prueba beta, con el Índice de Combustibles de Transporte mostrando una disminución del 9,5% desde principios de año hasta octubre, indicando una reducción de la presión inflacionaria debido a los costos de combustible.
S&P Global Commodity Insights는 플랫츠 부서를 통해 글로벌 원자재 부문 가치 트렌드를 추적하기 위해 가격 평가 기반의 다섯 개 새로운 지수를 출시했습니다. 새로운 지수는 글로벌 수송 연료, 전통 에너지, 산업 자재, 탈탄소화, 글로벌 재활용 포장재를 포함합니다. 이들 지수는 석유, 천연가스, 액화천연가스(LNG), 탄소, 금속, 화학물질 및 바이오 연료를 포함한 여러 시장의 현물 물리적 가격을 수집합니다. 380개 이상의 기업이 베타 테스트 동안 이들 지수에 참여했으며, 수송 연료 지수는 10월까지 올해 초 대비 9.5% 하락하여 연료 비용으로 인한 인플레이션 압력이 줄어들고 있음을 나타냅니다.
S&P Global Commodity Insights a lancé cinq nouveaux indices basés sur l'évaluation des prix par l'intermédiaire de sa division Platts pour suivre les tendances de valeur du secteur des matières premières à l'échelle mondiale. Les nouveaux indices couvrent Les Carburants de Transport Mondiaux, L'Énergie Conventionnelle, Les Matériaux Industriels, La Décarbonisation et L'Emballage Recyclé Mondial. Ces indices compilent des prix physiques spot provenant de divers marchés, y compris le pétrole, le gaz naturel, le LNG, le carbone, les métaux, les produits chimiques et les biocarburants. Plus de 380 entreprises ont participé à ces indices lors des tests bêta, l'Indice des Carburants de Transport montrant une baisse de 9,5 % depuis le début de l'année jusqu'en octobre, indiquant une pression inflationniste réduite due aux coûts des carburants.
S&P Global Commodity Insights hat fünf neue Indizes auf der Grundlage von Preisbewertungen über seine Platts-Abteilung eingeführt, um die Wertetrends im globalen Rohstoffsektor zu verfolgen. Die neuen Indizes decken Globale Verkehrskraftstoffe, Konventionelle Energie, Industriematerialien, Dekarbonisierung und Globale Recyclingverpackungen ab. Diese Indizes erfassen Spot-Preise aus verschiedenen Märkten, darunter Öl, Erdgas, LNG, Kohlenstoff, Metalle, Chemikalien und Biokraftstoffe. Über 380 Unternehmen haben während der Beta-Testphase an diesen Indizes teilgenommen, wobei der Verkehrskraftstoffindex bis Oktober einen Rückgang von 9,5 % seit Jahresbeginn zeigt, was auf einen Rückgang des inflationsbedingten Drucks durch Kraftstoffkosten hinweist.
- Launch of five new comprehensive commodity indices expanding market coverage
- Strong market adoption with over 380 companies already engaging during beta testing
- Transportation Fuels Index shows 9.5% decline, indicating reduced inflationary pressure
- None.
Insights
The launch of these commodity sector indices by S&P Global represents a significant enhancement to market intelligence capabilities, though with immediate financial impact. The indices aggregate existing price assessments into macro-level indicators, providing valuable trend analysis across five key sectors: transportation fuels, conventional energy, industrial materials, decarbonization and recycled packaging.
The early adoption metrics are promising, with over 380 companies already engaging during beta testing. The 9.5% decline in the Transportation Fuels Index year-to-date through October offers a tangible example of the indices' utility in tracking broader market trends and inflationary pressures.
While this product expansion strengthens S&P Global's market position in commodity intelligence, it primarily repackages existing data rather than creating new revenue streams. The value lies in making complex market trends more accessible to clients and potentially attracting new subscribers to their data services.
Indices Reflect Global Transportation Fuels, Conventional Energy, Industrial Materials, Decarbonization and Recycled Packaging
Annette Hugh, Global Head of Market Development and Engagement, S&P Global Commodity Insights, said: "Our five new global indices provide an at-a-glance, macro view of physical market pricing trends in key global commodity sectors. Platts' world-renowned commodity price benchmarks underpin these indices, which provide a first-of-a-kind trend price reference for critical global markets based on spot market values."
The new Platts global commodity indices (with URL link to price) include:
- Platts Global Transportation Fuels Index: The daily index features key Platts transportation fuels price assessments across road, air, sea and rail, providing a macro view of physical pricing cost trends in the global transportation market.
- Platts Conventional Energy Index: The daily index is underpinned by core price benchmarks in the conventional energy space, including crude oil, gas, LNG, coal and nuclear, providing global energy suppliers and consumers with a macro indicator of the trend of conventional energy fuels.
- Platts Industrial Materials Index: The daily index provides a global, macro pricing trend of key raw materials used in industrial production processes, including iron ore, coking coal, plastics, rubber and aluminum.
- Platts Decarbonization Index: The daily index represents the theoretical cost to offset carbon emissions using a basket of increasingly sought-after segments of the voluntary carbon market, such as nature-based avoidance, household devices and technology carbon capture credits.
- Platts Global Recycled Packaging Index: The daily index provides the consumer packaging/fast-moving consumer goods (FMCG) sectors with a global indicator for key recycled materials, including used beverage cans, recycled polyethylene terephthalate (PET) used in plastic bottles, and recycled polypropylene (PP) and polyethylene (PE) used in food packaging and manufacturing processing, respectively.
The Platts global commodity indices show how related market segments are performing. More than 380 companies have already interacted with these indices since the exploratory beta-testing launch in recent months, with heightened interest coming from the global transportation sector. The Platts Global Transportation Fuels Index is down
Vera Blei, Head of Market Reporting and Trading Solutions, S&P Global Commodity Insights, said: "Platts' robust physical price assessments serve as the key ingredient for these indices which we believe observers of global commodity markets will increasingly reference in tandem with Platts physical spot assessments as a means of comparing the broader market versus a specific physical commodity benchmark."
For greater detail on the methodology behind these indices, access: Global Commodity Indices Specification Guide.
The suite of Platts global commodity indices are available via the products and services of S&P Global Commodity Insights, including such as Platts Connect and Commodity Insights Live.
Media Contacts:
Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com
EMEA: Paul Sandell + 44 (0)7816 180039, paul.sandell@spglobal.com
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.
©2024 by S&P Global Commodity Insights, a division of S&P Global Inc.
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FAQ
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