Aluminum Japan Premium (Platts) Futures Contract Specs
| Contract Unit | 25 Metric Tons | ||||
| Price Quotation | U. S. Dollars and Cents per Metric Ton | ||||
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | ||||
| Minimum Price Fluctuation | $0.01 per Metric Ton | ||||
| Product Code | CME Globex: MJPCME ClearPort: MJPClearing: MJP | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 2 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month shall be equal to the arithmetic average of the mid-point of the high and low quotations of the "Aluminum CIF Japan Premium ($/mt)" price assessment published in Platts Metal Daily for each day that it is determined during the contract month. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month which is also a Platts publication date for the price assessment. | ||||
| Position Limits | COMEX Position Limits | ||||
| Exchange Rulebook | COMEX 109 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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