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.
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Position Limits
|
COMEX Position Limits |
Exchange Rulebook
|
COMEX 109 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |