Aluminum futures continue to gain market adoption and provide market participants the confidence they need to manage their aluminum price risk.
Daily volume in January hit an all-time high at 2,974 contracts per day, with open interest hitting a record 2,545 contracts on February 3. Market participation hit a record 148 participants up 18% from December 2022.
The active outright for aluminum is April, and the CQG code is ALIJ23 <COMDTY>. It will roll to May, ALIK23 <COMDTY>, on Wednesday, February 15
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2-15-2023
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