New Fastmarkets-settled alumina contract on the LME

By IM Staff
Published: Thursday, 17 January 2019

The London Metal Exchange will launch its new cash-settled alumina contract on March 11, to be settled on the Fastmarkets MB index in a basket.

By Alice Mason

The contract will be settled against Fastmarkets MB’s benchmark daily fob Australia alumina index and CRU’s alumina price index – equal weighting given to each index.

Click here to download the LME contract specifications. 

The index moved to be priced on a daily basis,...

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