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 = $1.00
|
Product Code
|
CME Globex: ALBCME ClearPort: ALBClearing: 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 index, fob Australia $/tonne in that given calendar month by Fastmarkets MB. |
Termination Of Trading
|
Trading terminates on the day of the last index published price of the contract month
|
Position Limits
|
COMEX Position Limits |
Exchange Rulebook
|
COMEX 196 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |