Alumina FOB Australia (Metal Bulletin) 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 = $1.00 |
| Product Code | CME Globex: ALB CME ClearPort: ALB Clearing: ALB |
| 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 all available price assessments published for Alumina index, fob Australia $/tonne in that given calendar month by Fastmarkets MB. |
| Termination of Trading | Trading terminates on the day of the last index published price of the contract month |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
