CME COMEX: MJP Aluminum Japan Premium (Platts) Futures prices chart

Aluminum Japan Premium (Platts) Futures (CME COMEX: MJP) Contract Specifications

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

Contract Unit: 25 metric tons
Price Quotation: U. S. dollars and cents per metric ton
Minimum Price Fluctuation: 0.01 per metric ton = $0.25
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 of the mid-point of the high and low quotations of the "Aluminum CIF Japan Premium ($/mt)" price assessment published in Platts Metal Daily for each day that it is determined during the contract month.

Termination of Trading: Trading terminates on the last business day of the contract month that is also a Platts publication date for the price assessment.

Trading Hours:
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)