Non-ferrous and industrial metals futures contracts
ABOUT CONTRACTS
On the Derivatives Market of Moscow Exchange there is a range of futures contracts on non-ferrous metals: aluminum, nickel, zinc, copper futures.
Copper
One of the most electrically conductive metal in the world, an integral part of the bronze alloy
Nickel
The fifth most common element on Earth We use it every day since modern ruble coins are made of nickel alloy
The non-ferrous and industrial metals futures contract parameters:
| No. | Contract name | Code of the basic asset | Basic asset | Lot | Min tick price | Tick value | Quotation | Settlement quotation |
|---|---|---|---|---|---|---|---|---|
1. |
Aluminium futures | AM | High-quality primary aluminum | 1 ton | 0.5 USD | 0.5 USD | The London Metal Exchange (LME) | LME Aluminium Official Settlement Price (cash offer) |
2. |
Copper futures | Co | Copper grade A (Grade A) | 0.1 ton | 0.5 USD | 0.05 USD | LME Copper Official Settlement Price (cash offer) | |
3. |
Zinc futures | Zn | Special high-quality zinc with a purity of 99.995% (minimum) | 1 ton | 0.5 USD | 0.5 USD | LME Zinc Official Settlement Price (cash offer) | |
4. |
Nickel futures | NI | Nickel with a purity of 99.80% (minimum) | 0.1 ton | 5 USD | 0.5 USD | LME Nickel Official Settlement Price (cash offer) |
Key factors that influence the non-ferrous and industrial metals futures price:
- Metal supply and demand fluctuations;
- The situation on both – on the market and in industrial sectors;
- Corporate governance of the mining companies;
- Political and economic situation in the mining countries;
- The general economic situation (economic growth / decline ) in some countries;
- Natural calamities.
Current futures prices
For basic information about a derivatives contract, please click the contract code in the first column