NYMEX/COMEX aluminum settlements not published

Effective September 29, Platts will no longer be publishing aluminum settlement prices for the COMEX aluminum futures contract, as the New York Mercantile Exchange has delisted the contract.

NYMEX, which is part of the CME Group, notified its members in June that it would delist its aluminum futures contract on September 28, so that was the last date for which settlement prices were available. The last delivery day for the September 2009 aluminum futures contract is Wednesday, September 30.

Also effective Wednesday, NYMEX's insurance program -- which insures aluminum under a paper warrant issued by the exchange's licensed warehouses for aluminum -- will be terminated. Market participants holding paper warrants should return those warrants to the exchange's licensed warehouse that issued them and request that a new document of title be issued, and thereafter arrange for their own insurance coverage for their aluminum, NYMEX said.