What is aluminum (Ali) futures?

The Aluminum (ALI) futures contract, from CME Group, provides the ability to hedge price exposure along the entire supply chain for the aluminum industry and its associated industries. Each physically deliverable Aluminum contract represents 25 metric tons of deliverable aluminum.

What is the American-style aluminum futures contract?

Enhance risk management capabilities with new American-style options on Aluminum futures, the physically delivered futures contract with global warehouses in the United States, Europe, and Asia. The contract symbol is AX (the benchmark Aluminum futures contract is ALI).

What is the physical deliverable aluminum futures contract?

The physically deliverable Aluminum futures contract is a duty-unpaid contract, with global delivery points. In July 2019, COMEX globalized the Aluminum futures contract (ALI) by expanding its warehousing network to include delivery points in North America, EMEA, and APAC.

Should aluminum futures be clarified?

Robust on-screen liquidity, increased volume, and growing open interest is making it increasingly difficult for the trading community to ignore. As more attention is drawn towards Aluminum futures, clarifying information can be key to tearing down the barrier to participation.