In July of 2019, after extensive client feedback, CME Group globalized the physically deliverable Aluminum futures offering by expanding our approved aluminum warehouse network to include locations in North America, Asia, and Europe.
The expanded CME Group warehousing network allows participants to deliver and take delivery of aluminum in nine locations globally, with the ability for both indoor and outdoor storage. In-warehouse inventory has increased by over 800% since the globalization, indicating how many traders are adopting the Aluminum futures contract for their physical trading needs.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
