Circular no.: MCX/TRD/281/2026 May 13, 2026
Modification in Aluminium and Aluminium Mini Futures ContractsIn terms of the provisions of the Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are hereby notified as under:
The Exchange has decided to modify the contract specifications of Aluminium and Aluminium Mini futures. Members are requested to take note of modifications in the contract specifications and notify the changes to their respective clients and constituents.
Details of modifications of Aluminium and Aluminium Mini futures contracts are provided as below:
Sr. No. | Symbol | Existing Specifications | Modified Specifications | Effective from |
1 | ALUMINIUM | Additional Delivery centre(s)
As per SEBI circular SEBI/HO/CDMRD/DMP/P/CI R/2021/551 dated April 16, 2021, the exchanges may accredit warehouses of a WSP within 100 kms radius of the delivery centers. | Additional Delivery centre(s) 1. Thane district in Maharashtra As per SEBI circular SEBI/HO/CDMRD/DMP/P/ CIR/2021/551 dated April 16, 2021, the exchanges may accredit warehouses of a WSP within 100 kms radius of the delivery centers. | August 2026 expiry and onwards |
2 | ALUMINIUM | Quality Specifications & Shape Primary Aluminium Ingots with minimum purity of 99.70%. Metal should conform to both the following:
For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the | Quality Specifications & Shape Primary Aluminium Ingots with minimum purity of 99.70%. Brand(s) approved by either MCX or LME # For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the producer. # List available on https://www.mcxccl.com/ware | August 2026 expiry and onwards |
producer. # List available on https://www.mcxccl.com/wareh ousinglogistics/lme-approvedbrands | housinglogistics/lme-approvedbrands | |||
3 | ALUMINIUM | Additional Deliverable Grade Primary Aluminium with minimum purity of 99.70% in the following shapes:
For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the producer. # List available on https://www.mcxccl.com/wareh ousinglogistics/lme-approvedbrands. | Additional Deliverable Grade Primary Aluminium with minimum purity of 99.70% in the following shapes: a) Sows a) T-Bars Brand(s) approved by either MCX or LME # For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the producer. # List available on https://www.mcxccl.com/ware housinglogistics/lme-approvedbrands. | August 2026 expiry and onwards |
Note - In view of the modification in contracts specifications, fresh positions for contracts having expiries from August 2026 and onwards will be permitted with effect from May 25, 2026
Sr. No. | Symbol | Existing Specifications | Modified Specifications | Effective from |
1 | ALUMINIUM MINI | Additional Delivery centre(s)
As per SEBI circular SEBI/HO/CDMRD/DMP/P/CI R/2021/551 dated April 16, 2021, the exchanges may | Additional Delivery centre(s) 1. Thane district in Maharashtra As per SEBI circular SEBI/HO/CDMRD/DMP/P /CIR/2021/551 dated April 16, 2021, the exchanges may accredit warehouses of a WSP within 100 kms | August 2026 expiry and onwards |
accredit warehouses of a WSP within 100 kms radius of the delivery centers. | radius of the delivery centers. | |||
2 | ALUMINIUM MINI | Quality Specifications & Shape Primary Aluminium Ingots with minimum purity of 99.70%. Metal should conform to both the following:
For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the producer. # List available on https://www.mcxccl.com /warehousing- logistics/lme-approved-brands. | Quality Specifications & Shape Primary Aluminium Ingots with minimum purity of 99.70%. Brand(s) approved by either MCX or LME # For quality assessment, reliance shall be placed by the WSP on the Certificate of Analysis (CoA) issued by the producer. # List available on https://www.mcxccl.com/war ehousinglogistics/lme-approvedbrands | August 2026 expiry and onwards |
Note - In view of the modification in contracts specifications, fresh positions for contracts having expiries from August 2026 and onwards will be permitted with effect from May 25, 2026
The modified contract specification and trading parameters of the above-mentioned contracts as specified in the Annexure 1 and 2 will be applicable from May 25, 2026 and shall be binding on all the Members of the Exchange and the constituents trading through them.
Further, for applicable margins and delivery & settlement details, Members are requested to refer to the circulars issued by Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) from time to time.
Trading will be allowed up to 5:00 p.m. on the date of expiry of the contract.Members are requested to take note of the above.
Rohit Lunker
Assistant Vice President- Market Operations
Kindly contact customer Support on 022- 6649 4040 or send an email at customersupport@mcxindia.com for further clarification.
Corporate office
Multi Commodity Exchange of India Limited
Exchange Square, CTS No. 255, Suren Road, Chakala, Andheri (East), Mumbai - 400 093 Tel.: 022 - 6649 4000 Fax: 022 - 6649 4151 CIN: L51909MH2002PLC135594
https://www.mcxindia.com email: customersupport@mcxindia.com
Annexure-1 Contract Specifications of Aluminium Futures contractSymbol | ALUMINIUM |
Description | ALUMINIUMMMMYY |
Contract Listing | Contracts are available as per the Contract Launch Calendar. |
Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
Last Trading Day | Last calendar day of the contract expiry month. If last calendar day is a holiday, then preceding working day. |
Trading | |
Trading Period | Mondays through Fridays |
Trading Session | Monday to Friday: 09.00 a.m. to 11.30 p.m. / 11.55 p.m.* (*based on US daylight saving time period) |
Trading Unit | 5 MT |
Quotation/ Base Value | 1 Kg |
Price Quote | Ex-Warehouse Raipur district (excludes only GST). |
Maximum Order Size | 150 MT |
Tick Size (Minimum Price Movement) | 5 paisa per kg |
Daily Price Limits | The Exchange has implemented a narrower slab of 4%. Whenever the narrower slab is breached, the relaxation will be allowed up to 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3%. |
Initial Margin* | Minimum 8% or based on SPAN whichever is higher. |
Extreme Loss Margin | Minimum 1% |
Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
Maximum Allowable Open Position | For individual client: 25,000 MT or 5% of the market wide open position, whichever is higher for all Aluminium contracts combined together. For a member collectively for all clients: 2,50,000 MT or 20% of the market wide open position, whichever is higher for all Aluminium contracts combined together. |
Delivery | |
Delivery Unit | 5 MT with tolerance limit of + / - 10% |