Aluminum Japan Premium (Platts) Futures Contract Specs

Futures

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

Quick Links

Contract Related

Product Related

Delivery Notices

Resources

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

Contact Us

View All

CME Group / Chicago HQ

Phone: +1 312 930 1000

Toll Free (US Only): +1 866 716 7274

Margin Services

Tech Talk