Source - CME Liquidity Tool, June 29, 2020
Source - CME Group Data, June 29, 2020
Source - Quikstrike Data, June 29, 2020
Many COMEX and NYMEX Precious Metals contracts are physically delivered. Learn more about the physical delivery process at the link below.
Aluminum inventories held in COMEX warehouses are currently 35,823 metric tons, representing the highest level since globalizing the contract.
Aluminum Midwest Premium (AUP) open interest hit a record high of 38,349 on July 2, beating the previous mark of 35,372 from March 2018.
Commodity Direct, a new messaging and market information tool available in CME Chat, provides market participants a clearer view of the aluminum price and volume throughout the trading day.
A combination of strong market demand and client education has led to wider adoption of the Hot-Rolled Coil (HRC) futures contract. HRC futures traded a record 107,840 short tons (5,392 contracts) on May 18. That equates to a notional value of $54M trading during the May 18 session.
Our new North European Hot-Rolled Coil Steel contract accrued nearly 16,500 short tons of open interest as at July 2 since launching in March, indicating strong interest from the physical community.
Data as of June 30, 2020, unless otherwise specified
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