Asset Class Navigation

Alumina FOB Australia (Platts) 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: ALA
CME ClearPort: ALA
Clearing: ALA
Listed Contracts Monthly contracts listed for the current year and the next calendar year.Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
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 daily price Index published for Alumina FOB Australia US$/ metric tons for that given calendar month by Platts.
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 195
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing