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Aluminum

Contract Size

44,000 lbs

Deliverable Grades

Primary aluminum meeting all the requirements of the P1020A designation or primary aluminum of 99.7% purity with a maximum iron content of 0.20% and a maximum silicon content of 0.10%.

Tick Size

Floor: Regular - 0.10=$11.00

Price Quote

$0.0005 (0.05¢) per pound ($22.00 per contract).

Contract Months

All

Last Trading Day

Trading terminates at the close of business on the third to last business day of the delivery month.

Settlement

Consult Exchange.

Trading Hours

7:50 a.m. - 1:15p.m., 2:00p.m. - 7:40a.m.

Ticker Symbols

Ticker = AL

Daily Price Limit

$0.20 per pound above or below the previous day's settlement price, unless one of the two closest delivery month's trades at or is offered or bid for two minutes at the limit. In that case, after a 15-minute halt, the market will reopen with the limits expanded by $0.20 on either side of the previous limit. This can happen no more than twice in a session for a maximum $0.60 limit.

Ticker Symbols Exchange
NYMEX