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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 all available price assessments published for Alumina fob Australia US$/ metric tons in 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