LME Alumina (CRU/Fastmarkets MB)

Data valid for 22 May 2019

LME CLOSING PRICES, US$ PER TONNE

Contract Price
Month 1 352.00
Month 2 386.42
Month 3 361.67
Month 6 366.67
Month 12 366.67
Month 15 366.67

LME CLOSING PRICES, US$ PER TONNE

Historical price graph

LME Alumina (CRU/Fastmarkets MB) - Contract specifications

Contract code AM
Contract type Futures
Deliver type Cash settled
Lot size 50 metric tonnes
Contract period
Monthly prompts out to 15 months
Price quotation US dollars per metric tonnes
Clearable currency USD
Minimum price fluctuation Venue
Outright  Carries 
LMEselect  $0.50  $0.01 
Telephone $0.01  $0.01 
Termination of trading Last LME business day of the contract month
Daily settlement procedure LME Trading Operations will calculate daily settlement values based on its published procedure
Final settlement price published by the LME Last trading day
Final settlement procedure1 Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the CRU Alumina Price Index and the Fastmarkets MB Alumina FOB Bunbury Australia Index ($ per tonne) which is available from 16:00 London time on the last trading day. There will be an equal weighting given to each index.
Trading venues LMEselect and inter-office telephone
Trading hours LMEselect 01:00 - 19:00 London time 
Inter-office telephone 24 hours a day 
Margining Realised variation margins applied

The Monthly Overview report provides a snapshot of key data relating to LME Alumina (CRU/Fastmarkets MB) including:

  • Cash and 3 month prices
  • Trading volumes
  • Futures Market Open Interest (MOI)
  • Warehouse stock movements.

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