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Aluminum Futures Contract Specs

    Effective trade date July 2, 2018 (pending CFTC review) COMEX will amend the Aluminum Futures contract to include duty unpaid eligible aluminum for delivery commencing with the July 2018 contract month and beyond.  Additional information regarding this matter may be viewed HERE.

Contract Unit 25 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
Minimum Price Fluctuation $0.25 per metric ton
Product Code CME Globex: ALI
CME ClearPort: ALI
Clearing: ALI
Listed Contracts 60 consecutive months
Settlement Method Deliverable
Termination Of Trading Third last business day of the contract month
Settlement Procedures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 107
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical
Delivery Period Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month 
Grade And Quality Please see Rulebook Chapter 107