Aluminum futures contracts.

Futures are a leveraged investment, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than theamount of money deposited for a futures position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles. Base Metals News and Events. Get the latest updates on the Base Metals futures and options markets with product news and information, macro trends, and more. ALUMINUM AUCTION: EXPLORE ELECTRONIC. AUCTIONS FOR SPOT ALUMINUM. TRANSACTIONS.month limit is 60,000 net futures-equivalent contracts. If a market participant is long 32,000 September 2021 contracts, long 30,000 December 2021 contracts and short 1,000 March 2021 contracts, the all month position is long 61,000 net futures-equivalent contracts. They would be over the all month limit by 1,000 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 ... The Aluminum futures, Zinc futures and Lead futures contracts are duty unpaid and, once moved outside of the Free Trade Zone locations, any duties associated with the metal must be paid. The current locations of the exchange-approved warehouses for the base metals products are shown in the table below.

Futures Long Term Trends. The Futures Long Term Trends page lists the strongest futures contracts, ranked by Weighted Alpha (strength of trend) over the past 1-year. The page is re-ranked every 10 minutes, and new contracts may be added to or removed from the bullish and bearish tables based on newly calculated data.

Sep 25, 2023 · Launched in May 2022, CME Group Aluminum options (AX) have been gaining traction as well, with 167% ADV and 146% AOI growth from year end 2022 through September 2023. Knowing how to and where to access the liquidity in the futures and option contracts is key to implementing successful trading strategies and hedging programs. 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 …

May 2, 2023 · Strong ADV increases in options, commodities and cryptocurrencies. CHICAGO, May 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its April 2023 market statistics, reaching an average daily volume (ADV) of 19.8 million contracts during the month, the second-highest April ADV in company history. CHICAGO, March 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that participation in Aluminum futures is off to a strong start in 2023, reporting record average daily volume (ADV) in February of 3,161 contracts, up 300% year-over-year, as well as record average daily open interest of 2,549 contracts, up 711% year-over-year and extending through ...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 ...

Futures contracts are an agreement to buy or sell a fixed amount of metal for delivery on a fixed future date at a price agreed today. Contract code. AH. Underlying metal. High grade primary aluminium. Lot size. 25 tonnes. Prompt dates. Daily: out to 3 months Weekly: 3 out to 6 months Monthly: 7 out to 123 months.

Get the latest Aluminum price (ALI:CMX) as well as the latest futures prices and other commodity market news at Nasdaq.

1. Copper 2017-2020 Fractal Three years span 2017-2020 fractal matching 2021-2023 along negative trifecta: 1- High grade production glut now forecasted to exceed usage by 467,000 metric tons in 2024 2- US Ratings downgrade poised to worsen Treasuries ig, global juncture, EZ in recession, China's slowdown 3- Extended geopoliticThree years span ... 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 …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 ...The two contracts have gained momentum on high volatility in the physical market that attracted greater futures interest. The LME is predicting that scrap CFR Turkey futures contracts, which settle against the monthly average of Platts physical assessment, will end 2022 with 4.5 million mt of volumes traded following a post-pandemic rebound.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 ...

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 ...ALUMINUM FUTURES contracts This page contains futures quotes from the screener, where all the contracts are displayed and sorted by expiration date. 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 used for price hedging, physical delivery of sales or purchases, investment, and speculation. Producers, semi-fabricators, consumers, …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 ...May 2, 2023 · Strong ADV increases in options, commodities and cryptocurrencies. CHICAGO, May 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its April 2023 market statistics, reaching an average daily volume (ADV) of 19.8 million contracts during the month, the second-highest April ADV in company history. May 2, 2023 · Strong ADV increases in options, commodities and cryptocurrencies. CHICAGO, May 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its April 2023 market statistics, reaching an average daily volume (ADV) of 19.8 million contracts during the month, the second-highest April ADV in company history. Futures contracts are an agreement to buy or sell a fixed amount of metal for delivery on a fixed future date at a price agreed today. Contract code. AH. Underlying metal. High grade primary aluminium. Lot size. 25 tonnes. Prompt dates. Daily: out to 3 months Weekly: 3 out to 6 months Monthly: 7 out to 123 months.

The two contracts have gained momentum on high volatility in the physical market that attracted greater futures interest. The LME is predicting that scrap CFR Turkey futures contracts, which settle against the monthly average of Platts physical assessment, will end 2022 with 4.5 million mt of volumes traded following a post-pandemic rebound.

The Aluminum futures, Zinc futures and Lead futures contracts are duty unpaid and, once moved outside of the Free Trade Zone locations, any duties associated with the metal must be paid. The current locations of the exchange-approved warehouses for the base metals products are shown in the table below. LME Aluminium Monthly Average Futures. Please note that the COTR is only produced for metals which have open positions. The most recent report therefore reflects the reporting period whereby open positions were last reported for that metal. All files are published in XLSX format. Commitments of Traders Report - OA - 24 November …Aluminum extrusions are shaped pieces of aluminum that are manufactured in long strips. If you cut pieces of extruded aluminum to the same length immediately after it’s extruded, the cross-sectional profile should be exactly the same for ea...The two contracts have gained momentum on high volatility in the physical market that attracted greater futures interest. The LME is predicting that scrap CFR Turkey futures contracts, which settle against the monthly average of Platts physical assessment, will end 2022 with 4.5 million mt of volumes traded following a post-pandemic rebound.8 Nov 2022 ... This year, it has seen strong growth in both its aluminum and cobalt contracts—aggregate open interest in CME's Comex aluminum futures contract ...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.

Cobalt futures ADV also saw a considerable increase. The Aluminum futures are listed by COMEX and regulated by CME Clearing. Noteworthy is the occurrence of days with over 10,000 contracts traded.

Get instant access to a free live streaming chart for Aluminium. You have the option to change the appearance of the charts by varying the time scale, chart type, zoom and adding your own studies ...

OptionsTAPOSMonthly Average FuturesTrade at settlementHKEX London MinisLMEminis. LME futures provide members of the metal and investment communities with the unparalleled opportunity to transfer and take on price risk. A futures contract is the obligation to buy or sell a standard quantity of a specified asset (metal) on a set date, at a fixed ... 10 May 2023 ... Future contracts for aluminium are standardized agreements that reflect a predetermined amount of the asset at a predetermined cost and date of ...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. Get in-depth information about Aluminium including Price, Charts, Technical Analysis, Historical data, ... Contract Size 25 Tonnes . Tick Size 0.5 . Tick Value 12.5 . Base Symbol MAL . Point Value 1 = $25 . Months ... Aluminium futures: Stick with the long trade . Contract likely to touch ₹215 with uptrend intact. Business Line;ALI, the global benchmark Aluminum futures contract, often trades nearly 1,000 contracts a day. Price hedging and simple, monthly contracts Tailor exposure with choice of the global benchmark contract, regional-specific offerings as well as duty-paid contracts, in a straightforward monthly design. Nearly 24-hour market accessMar 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 ... Prompt-date structure. The use of daily prompt dates is an important difference between the LME and other futures exchanges. Designed to mirror physical trading, daily prompts enable users to accurately hedge their physical transactions down to the day. Our futures contracts trade daily out to three months forward, weekly up to six months and ...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. 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.These position limits apply to contracts traded on trading venues and their economically equivalent OTC (EEOTC) contracts. The limits are set using the methodology in UK RTS 21. Each commodity derivative contract has a separate limit for the spot month and other months' periods. On a case-by-case basis, we will consider any contracts for ...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.

Designed to reflect the nature and timing of bilaterally negotiated metal trades, market participants can use the LME’s non-ferrous contracts to transfer or take on risk against metal prices daily out to 3 months, weekly out to 6 months and monthly out to anything up to 123 months – that’s over 10 years in the future.Average daily volume (ADV) in Aluminum futures increased by over 190% YoY, and open interest in the contract has increased by more than 391% YoY. Source: CME Group Record volume days of over 5,000 contracts occurred on 16 separate occasions, with a high-water mark of 7,952 lots traded on Dec 12, 2022.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. Instagram:https://instagram. 1964 nickels worthgphofphilippine stockinno supps t drive review 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 …Futures Cost of Carry Model. This model is used to understand how the cost of carrying is calculated in Futures contracts. This model works on two assumptions: The Futures contracts are held till maturity and not squared off before expiry. The arbitrage spread between the spot and Futures prices effectively eliminates all pricing flaws. which quarter is worth the most moneychipote stock Jul 13, 2022 · Since the beginning of the year, average daily volume (ADV) in COMEX Aluminum futures has increased by over 325%, and open interest in the contract has more than tripled. Source: CME Group data thru Aug 4, 2022. Record volume days of over five thousand contracts occurred on seven separate occasions, with a high-water mark of 5,773 lots traded ... The SHFE offers trading of nonferrous metals, including aluminum, zinc, tin and nickel. Between Shanghai, New York and London, traders can work every part of a 24-hour period to access futures contracts. Ways to Trade Aluminum. There are four main ways to trade aluminum: 1. Aluminum Futures workers compensation insurance companies ny 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.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 ...