Aluminium Futures Live Quotes
Aluminium Futures Live Chart (CFDs)
About Aluminum Metal
Aluminum Futures are available for trading in The London Metal Exchange (LME). The standard contact weights 25 tonnes. Aluminum (also spelled aluminum) is a chemical element with symbol Al and atomic number 13. It is a silvery-white, soft, nonmagnetic and ductile metal in the boron group. By mass, aluminum makes up about 8% of the Earth’s crust; it is the third most abundant element after oxygen and silicon and the most abundant metal in the crust, though it is less common in the mantle below. The chief ore of aluminum is bauxite. Aluminum metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals.
About Aluminum Futures
Aluminum futures trading is a type of derivatives trading that allows investors to buy or sell aluminum futures contracts on an exchange. An aluminum futures contract is a standardized agreement between a buyer and a seller to exchange a specified amount of aluminum at a predetermined price and date in the future.
The price of aluminum futures is influenced by a number of factors, including supply and demand, global economic conditions, and geopolitical events. Aluminum is a widely used industrial metal, particularly in the aerospace, construction, and transportation industries.
As with any futures contract, aluminum futures carry a certain level of risk, and investors should have a thorough understanding of the underlying market before trading. Aluminum futures trading is popular among both institutional and retail investors, as it provides a way to gain exposure to the aluminum market without the need to physically own and store aluminum. Futures trading also allows for leverage, which means that investors can trade a larger position than their initial investment by putting down a margin deposit.
Aluminum futures trading is conducted on a number of exchanges around the world, including the London Metal Exchange (LME), the Shanghai Futures Exchange (SHFE), and the Tokyo Commodity Exchange (TOCOM). It is important to note that aluminum futures trading is subject to regulatory oversight and is governed by rules and regulations that vary by exchange.
LME Aluminum Futures Contract Specification
| Product Code | AH | ||||||||||||
| Price Quotation | US dollars per tonne | ||||||||||||
| Minimum Price Fluctuation |
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| Settlement Method | Physical | ||||||||||||
| Termination Of Trading | Up until the close of the first Ring the day before the prompt date | ||||||||||||
| Trade Unit / Lot Size | 25 tonnes | ||||||||||||
| Trading Hours | 01:00 to 19:00 hours, London Time | ||||||||||||
| Prompt dates |
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