Aluminum futures contracts.

Dec 2, 2023 · Each physically deliverable Aluminum contract represents 25 metric tons of deliverable aluminum. The minimum price increment of the contract is $0.25 per metric ton, making the value of one tick equivalent to $6.25. Aluminum futures are available to trade electronically on CME Globex nearly 24 hours per day. They can also be traded bilaterally ... An Aluminum put or call option contract traded on the Exchange represents an option to assume a short or long position in the underlying futures contract traded on the Exchange. Minimum 20 strikes at $25.00 per metric ton strike increment above and below the at-the-money strike plus dynamic strikes at $25.00 per metric ton strike increment ...The 15-minute delayed data covers the first six months for aluminium, copper, zinc, lead and tin. The London Metal Exchange publishes, via LME.com, LMElive and a network of licensed vendors, an extensive collection of reports and data. Data on LME.com tends to be published on a day-delayed basis, whilst real and near-real time data is available ...Copper. Trades up 1% from its previous close. Copper. Trades up 1% from its previous close. Silver. Trades above its 50-day moving average. Copper. Trades up 1% from its previous close. Engage in price discovery or speculate in the world’s most liquid metals markets with CME Group Metals futures and options.

Feb 13, 2023 · As of July 2022, aluminum futures represented 33.96% of the fund’s base metals futures contracts; zinc and copper represented 35.31% and 30.37%, respectively. Chicago's CME is looking to muscle in on territory dominated by the London Metal Exchange by offering a physically-delivered aluminum futures contract to rival the LME's own flagship product.Sep 16, 2022 · 16 Sep, 2022, 05:00 ET. CHICAGO, Sept. 16, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Aluminum Futures average daily volume is up 359% in Q3 ...

Oct 31, 2022 · What are aluminium futures, and what is the outlook for the market?Here we take a look at what factors are driving the price. Aluminium futures explained. Aluminium futures are derivatives contracts under which the buyer agrees with the seller to take delivery of a specified quantity of aluminium metal at a fixed price on a set date in the future.

0.05 points ($12.50 per contract) $11,000/10,000. $250. Sym - the root symbol for the commodity. Contract - a description of the commodity. (P) indicates pit-traded. Exchange - the exchange on which the commodity is traded. Trading Hours - the days and hours in which the commodity is traded. Months - A specific month in which …19 Nov 2015 ... CME Group, the largest global futures trading provider, said in a press release that it will start offering its clients a new aluminum ...The London Metal Exchange publishes, via LME.com, three reports showing daily, average, per contract and per metal volumes. These are published daily, monthly and annually. Delayed volume data is also available by metal and LME licensed data vendors display real-time volumes. Daily volume reports are available on the website by close of ...A futures contract is an agreement to either buy or sell an asset on a publicly traded exchange. The contract specifies when the seller will deliver the asset and what the price will be. The underlying asset of a futures contract is commonly either a commodity, stock, bond, or currency. Since futures contracts correspond with an …

The LME CFR Turkey scrap futures contract has seen its highest annual trading volumes since 2018, with 3.5 million mt traded in the year to Oct. 26. ... "On the LME aluminum futures contract, trading volumes are about 25 times higher than the physical market, and in the oil markets, futures trading volumes are about eight times higher than …

E-Mini Nasdaq 100 Index Continuous Contract. $16,052.00. 43.25. 0.27%. HRN00 | A complete HRC Steel Futures Continuous Contract futures overview by MarketWatch. View the futures and commodity ...

15 Aug 2011 ... SHFE aluminum futures trade on the Shanghai Futures Exchange (SHFE). The contract has been trading since 1991, making it one of the oldest ...The LME CFR Turkey scrap futures contract has seen its highest annual trading volumes since 2018, with 3.5 million mt traded in the year to Oct. 26. ... "On the LME aluminum futures contract, trading volumes are about 25 times higher than the physical market, and in the oil markets, futures trading volumes are about eight times higher than …London Metals Exchange (LME) - Aluminium Alloy. This page lists all futures symbols for the selected exchange. Each futures symbol shows all of the open contracts with the Contract Name and Month, Last price, Change, Open, High, Low, Volume and Open Interest. It also provides a total for Daily Volume and Open Interest.Question: Problem 4 Intro A car company needs to buy 822 metric tons of aluminum in 6 months. It has decided to use futures contracts on aluminum to hedge its position. Each aluminum futures contract covers 25 metric tons. The spot price of aluminum is $1,827 per ton, while the futures price for delivery in 6 months is $1,995 per ton. | Attempt 1/3 …Oct 9, 2023 · September was a record month for Lithium Hydroxide futures, with over 3,200 contracts traded and open interest surpassing 7,000 contracts for the first time. Aluminum (ALI) futures are listed by ... Find the latest Aluminum prices and Aluminum futures quotes for all active contracts below.

Read the full article. The LME publishes a set of daily reference prices that are used the world over by industrial and financial participants for referencing, hedging, physical settlement, contract negotiations, margining and portfolio evaluations. Beyond this, the LME price increasingly reflects the value of responsibly sourced metal.Invesco DB Base Metals Fund. ( NYSEMKT:DBB ) $169.3 million. An ETF focused on metal futures contracts. 1. SPDR S&P Metals & Mining ETF. The SPDR S&P Metals & Mining ETF seeks to provide investors ...Apr 26, 2022 · The LME is the global hub for futures and options trading, but it’s faced long-running criticism that its complex system of daily contracts is off-putting to new users, particularly algorithmic ... Find the latest Aluminum prices and Aluminum futures quotes for all active contracts below. 6 Jul 2021 ... Using time-stamped bid and ask prices and trade prices for the three-month Copper futures contracts traded on the COMEX, the LME and the. SHFE ...

Oct 9, 2023 · September was a record month for Lithium Hydroxide futures, with over 3,200 contracts traded and open interest surpassing 7,000 contracts for the first time. Aluminum (ALI) futures are listed by ...

financial markets in notional value. According to the LME, daily volume for LME aluminum futures averages 200,000 contracts per day. 3. Based on COMEX data submitted to the CFTC, the average daily volume across all of COMEX’s aluminum futures for the calendar month May 2021 was 1,088 contracts per day. The CFTC’s AuthorityLME Aluminium. 2193.00. 3-month Closing Price (day-delayed) Contract specifications. Related links. LME CopperLME Aluminium AlloyLME Zinc. LME holdings and share structure. The London Metal Exchange 1989 pension scheme. Pre-trade …The Chicago Mercantile Exchange will launch new aluminum options contracts next month, as it steps up a campaign to wrestle trading away from its London rival in the wake of a nickel-trading debacle.2008 The LME made a move into ferrous metals with the introduction of two regional contracts for steel billet. In July 2010, these contracts merged into a single global contract. 2010 Two minor metals futures contracts for cobalt and molybdenum were introduced. 2012 The LME was acquired by Hong Kong Exchanges and Clearing Limited …Therefore, in order to benefit the smaller businesses, the MCX announced the launch of Lead Mini Futures contracts with effect from Wednesday, February 22, 2023. The minimum lot size of the new mini contract is 1 metric ton while the normal lead future contract has a lot size of 5 metric tonnes. Therefore, smaller enterprises can now also ...MCX Base metals contracts expiry. Aluminum, Alumini, Nickel, Copper, Lead, Leadmini, Zinc, and Zincmini contracts expiring on July 31st, 2023 are staggered delivery contracts. Please square off your positions in these contracts before 9 PM on July 24th, 2023 failing which we may square off your position to avoid physical delivery.Global Aluminum Futures (ALI) are also off to a strong start this year, with ADV month-to-date currently at 3,096 contracts, up 85% from full-year 2022 ADV. Copper Options and Aluminum Futures are ...By Friday, the SHFE's copper and aluminum contracts for April delivery had increased by Yuan 570/tonne ($83.8/t) and Yuan 100/t from the previous Friday's settlement price to close the daytime trading session at Yuan 69,610/t and Yuan 18,635/t respectively. In contrast, the exchange's nickel contract (also for April delivery)Aluminum is a light metal with special chemical and physical properties. It is lightweight, hard, and has good ductility and malleability, electrical and thermal conductivity, as well as heat and radiation resistance. It is a vital raw material widely used in the architecture, transportation, and packaging industries. Futures.Nov 30, 2023 · The contract symbol is AX (the benchmark Aluminum futures contract is ALI). Trading terminates on the 4th last business day of the month prior to the contract month. Yes, the Aluminum option contract is available for block trading and clearing via CME ClearPort.

Mar 8, 2023 · European 5083 plate increased sharply by 8.83%, leaving prices at $5828.22 per metric ton. Chinese aluminum bar fell in price by 3.02%. Prices at month’s start sat at 2877.11, however, the cost ...

Sep 16, 2022 · 16 Sep, 2022, 05:00 ET. CHICAGO, Sept. 16, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Aluminum Futures average daily volume is up 359% in Q3 ...

LME Aluminium. 2193.00. 3-month Closing Price (day-delayed) Contract specifications. Related links. LME CopperLME Aluminium AlloyLME Zinc. LME holdings and share structure. The London Metal Exchange 1989 pension scheme. Pre-trade …LME Official Prices are used as the global reference for physical contracts. The LME Official Settlement Price is the price at which all LME futures are settled. Cash, 3-month and 15-month: LME Tin, LME Steel Billet, LME Cobalt and LME Molybdenum. Cash, 3-month and one forward December prompt: LME Aluminium Alloy and LME NASAAC.CHICAGO, April 26, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch an option contract on its physically-delivered Aluminum futures on May 23, pending regulatory review. "Our new option contract is the latest example of CME Group's decade-long track record of helping the …Copper. Trades up 1% from its previous close. Copper. Trades up 1% from its previous close. Silver. Trades above its 50-day moving average. Copper. Trades up 1% from its previous close. Engage in price discovery or speculate in the world’s most liquid metals markets with CME Group Metals futures and options. A car company needs to buy 856 metric tons of aluminum in 6 months. It has decided to use futures contracts on aluminum to hedge its position. Each aluminum futures contract covers 25 metric tons. The spot price of aluminum is $1,592 per ton, while the futures price for delivery in 6 months is $1,758 per ton. how many futures contracts …ALUMINUM FUTURES contracts Overview Overview Performance Performance Technicals Technicals More More. ... ALIV2028 ALUMINUM FUTURES (OCT 2028) 2028-10-27: 2658.75 +0. ...1. Buy the futures contract …. Intro A car company needs to buy 836 metric tons of aluminum in 6 months. It has decided to use futures contracts on aluminum to hedge its position. Each aluminum futures contract covers 25 metric tons. The spot price of aluminum is $1,501 per ton, while the futures price for delivery in 6 months is $1,666 …Apr 6, 2022 · How To Trade Aluminum CFDs. Traders can speculate on aluminum prices without actually owning physical aluminum, mining shares, or financial instruments such as ETFs, futures, or options. A CFD is a derivative instrument known as a contract-for-difference (CFD) To learn more about how CFDs work, see this CFD Trading Guide.

Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material.The 15-minute delayed data covers the first six months for aluminium, copper, zinc, lead and tin. The London Metal Exchange publishes, via LME.com, LMElive and a network of licensed vendors, an extensive collection of reports and data. Data on LME.com tends to be published on a day-delayed basis, whilst real and near-real time data is available ...This article contains wording that promotes the subject in a subjective manner without imparting real information. (September 2020) LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be ...Instagram:https://instagram. pershing bny529 best plandollar 1979 coin valuetequila stocks Maintaining a 12 ft aluminum boat is an important part of owning one. Without proper maintenance, your boat can quickly become damaged and unusable. Here are some tips on how to keep your boat in tip-top shape.For the fourth year in a row, global trading volume on derivatives exchanges set a record. The total number of futures and options traded in 2021 reached 62.58 billion contracts, up a whopping 33.7% from the previous year. The growth in trading activity was concentrated in certain parts of the world, however. Much of the increase took place on … kvyo ipohow to trade options webull desktop 26 Mar 2016 ... You can invest in aluminum through the futures markets. Previously, two major contracts for aluminum were available. The first one is through ...Our contracts allow all those along the metal supply chain, as well as investment communities, to hedge against or take on price risk. Featured Links Futures ppandl stock Learn how other market participants use Aluminum futures to manage event risk and reduce portfolio volatility. Learn about Aluminum contract basics and safeguards Get an overview of Aluminum contracts, how our contracts work, and understand the safeguards to maintain orderly markets at CME Group.Nov 30, 2023 · The contract symbol is AX (the benchmark Aluminum futures contract is ALI). Trading terminates on the 4th last business day of the month prior to the contract month. Yes, the Aluminum option contract is available for block trading and clearing via CME ClearPort. In the contracts table below you'll find the last price, change, high price, low price and volume for each Aluminium contract. Click on the links under Chart (Q/C/O) for quotes, charts, options and historical market data for each future contract. Price quotes for Aluminium are delayed by at least 10 minutes, as per exchange requirements.