Aluminum Futures - Contract Specs
| Contract Unit | 25 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. |
| Minimum Price Fluctuation | 0.25 per metric ton = $6.25 |
| Product Code | CME Globex: ALI CME ClearPort: ALI Clearing: ALI |
| Listed Contracts | Monthly contracts listed for 60 consecutive months |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates on the third last business day of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Delivery Procedure | Physical |
| Delivery Period | Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month |
| Grade and Quality | Please see Rulebook Chapter 107 |
