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Aluminum MW U.S. Transaction Premium Platts (25MT) Futures Contract Specs

Contract Unit 55,116 pounds (equivalent to 25 metric tons)
Price Quotation U.S. dollars and cents per pound
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 $0.00001 per pound
Product Code CME Globex: AUP
CME ClearPort: AUP
Clearing: AUP
Listed Contracts Monthly contracts listed for 60 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the average price calculated for all available price assessments published for Aluminum MW US Transaction Premium for that given calendar month by Platts.
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits COMEX Position Limits
Exchange Rulebook COMEX 1189
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing