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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 $0.01 per Metric Ton
Product Code CME Globex: MJP
CME ClearPort: MJP
Clearing: MJP
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be equal to the arithmetic average of the mid-point of the high and low quotations of the "Aluminum CIF Japan Premium ($/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