Chicago Mercantile Exchange

Trump’s Tariff Announcment Sends Aluminium Premiums in the U.S. Skyward to 3-Year Highs

Trump’s Tariff Announcment Sends Aluminium Premiums in the U.S. Skyward to 3-Year Highs

Planning on overseas supplies of aluminium to become scarce as President Donald Trump’s ten-percent tariffs go into effect, U.S. buyers of the metal have driven premiums to three-year highs. On Friday the cost of immediate delivery of aluminium from warehouse stores rose...

Events

CME Group Announces First Trade of New Aluminium A380 Alloy Contract

American derivatives marketplace CME Group (Chicago Mercantile Exchange & Chicago Board of Trade) announced yesterday that the first trades of its new Aluminum A380 Alloy (S&P Global Platts) futures contracts were executed on Tuesday. The organization went on to say that fifty such contracts were traded in the August to December 2016 timeframe. “We’re pleased […]

CME Debuts New Aluminium Alloy Futures Contract

American derivatives marketplace CME Group (Chicago Mercantile Exchange & Chicago Board of Trade) announced on Monday it would introduce a new futures contract for an aluminium alloy early next month. The contract, called Aluminum A380 Alloy (S&P Global Platts), will begin trading on June 6. “This new contract will provide our customers and market participants […]

CME Announces First Trades of Newest Aluminium Futures Contract Offering

Futures exchange company CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Trade) announced yesterday that the first Aluminium European Premium Duty-Paid (Metal Bulletin) futures contracts were traded last Thursday. According to the press release, ninety-six futures contracts were traded for 2,400 metric tons of aluminium. “We are pleased to see early support for […]

CME Group Debuts Latest Aluminium Futures Contract

Futures exchange company CME Group Inc. (Chicago Mercantile Exchange & Chicago Board of Trade) announced today that it would be augmenting its base metal offerings by adding Aluminium European Premium Duty-Paid (Metal Bulletin) futures contracts. Trading for these contracts is set to begin on March 21. Assuming the new offering clears all regulatory hurdles, the […]