{"id":6399,"date":"2024-12-03T09:50:23","date_gmt":"2024-12-03T09:50:23","guid":{"rendered":"https:\/\/www.alcircle.com\/blog\/?p=6399"},"modified":"2024-12-03T09:58:00","modified_gmt":"2024-12-03T09:58:00","slug":"hedging-with-jorge-episode13-understanding-aluminium-price-structures-and-futures","status":"publish","type":"post","link":"https:\/\/www.alcircle.com\/blog\/hedging-with-jorge-episode13-understanding-aluminium-price-structures-and-futures","title":{"rendered":"Hedging with Jorge #Episode13: Understanding aluminium price structures and futures"},"content":{"rendered":"\n<p>The aluminium futures market operates on a fascinating and highly structured pricing system, offering unparalleled clarity for traders and stakeholders. Here\u2019s a snapshot of how it works:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"youtube-embed\" data-video_id=\"FL9z0Xkmh0M\"><iframe loading=\"lazy\" title=\"Hedging with Jorge #Episode13: Understanding aluminium price structures and futures\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/FL9z0Xkmh0M?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>The Futures Timeline: Daily Prices for the Next Three Months<\/strong><\/p>\n\n\n\n<p>Every single working day has a dedicated aluminium price, whether it\u2019s December 9th or February 20th. This allows precise short-term planning and transactions for the immediate future.<\/p>\n\n\n\n<p><strong>Weekly Prices Beyond Three Months<\/strong><\/p>\n\n\n\n<p>From the third to the sixth month (e.g., December to March in this example), prices are listed for every Wednesday.<\/p>\n\n\n\n<p><strong>Monthly Prices for a Decade<\/strong><\/p>\n\n\n\n<p>From the sixth month onward, prices are available for the third Wednesday of each month. This extends for 10 years and 3 months, up to March 2035!<\/p>\n\n\n\n<p><strong>Why the Third Wednesday Matters<\/strong><\/p>\n\n\n\n<p>The third Wednesday emerges as the most liquid day in the market. Here\u2019s why:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Consistent Pricing Structure:<\/em> It aligns with all pricing intervals\u2014daily (short-term), weekly (mid-term), and monthly (long-term).<\/li>\n\n\n\n<li><em>Market Focus: <\/em>Most transactions during this period converge on this date, creating the highest trading volume and liquidity.<\/li>\n<\/ul>\n\n\n\n<p>For aluminium stakeholders, this means the third Wednesday isn\u2019t just a date; it\u2019s a cornerstone of trading strategy.<\/p>\n\n\n\n<p>This <a href=\"https:\/\/www.alcircle.com\/blog\/2024\/11\/28\/hedging-futures-market-aluminium-futures-aluminium-price\/\">structured approach<\/a> ensures that no matter your timeline\u2014whether days, weeks, or years, you have reliable price points to guide decisions. In our next discussion, we\u2019ll dive deeper into how this impacts long-term pricing trends. Stay tuned!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The aluminium futures market operates on a fascinating and highly structured pricing system, offering unparalleled clarity for traders and stakeholders. Here\u2019s a snapshot of how it works: The Futures Timeline: Daily Prices for the Next Three Months Every single working day has a dedicated aluminium price, whether it\u2019s December 9th or February 20th. This allows [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-6399","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-open-forum-for-aluminum-community-blog"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hedging with Jorge #Episode13: Understanding aluminium price structures and futures - AL Circle Blog<\/title>\n<meta name=\"description\" content=\"The aluminium futures market operates on a fascinating and highly structured pricing system, offering unparalleled clarity for traders and stakeholders. 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