Alumina FOB Australia (Platts) Futures - Contract Specs
| Contract Unit | 100 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT) |
| Minimum Price Fluctuation | 0.01 per metric ton = $10.00 |
| Product Code | CME Globex: ALA CME ClearPort: ALA Clearing: ALA |
| Listed Contracts | Monthly contracts listed for the current year and the next 2 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month shall be equal to the arithmetic average calculated to two decimal places of each available daily price Index published for Alumina FOB Australia US$/ metric tons for that given calendar month by Platts. |
| Termination of Trading | Trading terminates on the day of the last business day of the contract month the Platts publishes the index price. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
