Futures contract specifications

LME Aluminium Alloy

Contract code  AA 
Underlying metal  A380.1, 226 or AD12.1 aluminium alloy 
Lot size  20 tonnes 
Prompt dates  Daily: out to 3 months
Weekly: 3 out to 6 months
Monthly: 7 out to 27 months 
Price quotation US dollars per tonne
Clearable Currencies US dollar, Japanese yen, sterling, euro
Minimum price fluctuation (tick size) per tonne Outright  Carries 
Ring $0.50  $0.01 
LME Select  $0.50  $0.01 
Inter-office  $0.01  $0.01 
Last trading day Up until the close of the first Ring the day before the prompt date
Settlement type Physical
Trading venues Ring, LMEselect, inter-office telephone

LME Aluminium alloy contract specifications

Outright 

Carries 

Ring 

$0.50

$0.01

 LME Select

$0.50

$0.01

 Inter-office

$0.01

$0.01

Outright  Carries 
Ring  $0.50 $0.01
 LME Select $0.50 $0.01
 Inter-office $0.01 $0.01

This is a summary of the contract specifications. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. 

Note that all contracts are subject to the LME’s rules and regulations and LME Clear span margining.