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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 the current year and the next 2 calendar years. List monthly contracts for a new calendar year 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 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