Effective Sunday, December 17, 2017 for trade date Monday, December 18, 2017, (pending CFTC review) COMEX will amend the floating price rule of this contract. Trading has been suspended in this contract until that time. There is currently no open interest in the contract. For specific details see SER-8053

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Alumina FOB Australia (Metal Bulletin) Futures Contract Specs

Contract Unit 100 Metric Tons
Price Quotation U.S. Dollars and Cents per Metric Ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT)
Minimum Price Fluctuation 0.01 per Metric Ton
Product Code CME Globex: ALB
CME ClearPort: ALB
Clearing: ALB
Listed Contracts Monthly contracts listed for 12 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be equal to the arithmetic average calculated to two decimal places of each available weekly price Index published for Alumina fob Australia US$/ metric tons for that given calendar month by Metal Bulletin.
Termination Of Trading Trading terminates on the day of the last index published price of the contract month
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 196
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing