CME COMEX: ALA Alumina FOB Australia (Platts) Futures prices chart

Alumina FOB Australia (Platts) Futures (CME COMEX: ALA) Contract Specifications

Product Code: CME Globex: ALA, CME ClearPort: ALA, Clearing: ALA

Contract Unit: 100 metric tons
Price Quotation: U.S. dollars and cents per metric ton
Minimum Price Fluctuation: 0.01 per metric ton = $10.00
Settlement Method: Financially Settled

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.

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.

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)