Futures contracts

Manage price risk with exchange-traded derivatives

Price volatility challenges companies when it comes to managing margins and costs. As buyers scramble to deal with the whiplash of price volatility, sellers are trying to predict how this will play out in the future. It’s time to figure out how to factor in greater market uncertainty as you plan for the future. Fastmarkets provides the settlement prices for a range of cash-settled derivatives. We work with global exchanges to help market participants secure rates and reduce exposure to price volatility.

Do you have a question about commodity futures contracts?

Get in touch with our expert, David Becker, director of risk solutions.

Why hedge your price risk using futures contracts?
  • Lock in profit margins
  • Boost credit rating and cut cost of capital
  • Improve cash flow forecasts and budgets
  • Secure flexible price offerings

Learn more about commodity futures contracts:

Fastmarkets prices used to settle futures contracts
ContractExchangePrice ID
CME Alumina FOB Australia (Metal Bulletin) Futures ContractCMEMB-ALU-0002
CME Aluminum European Premium Duty-Paid (Metal Bulletin) Futures ContractCMEMB-AL-0004
CME Aluminum European Premium Duty-Unpaid (Metal Bulletin) Futures ContractCMEMB-AL-0346
CME Cobalt (Fastmarkets) Futures ContractCMEMB-CO-0005
CME Copper Premium Grade A CIF Shanghai (Metal Bulletin) Futures ContractCMEMB-CU-0403
CME Lithium Hydroxide (Fastmarkets) Futures ContractCMEMB-LI-0033
CME U.S. Midwest Busheling Ferrous Scrap (AMM) Futures ContractCMEMB-STE-0422
CME Lithium Carbonate (Fastmarkets) Average Price OptionCMEMB-LI-0029
CME Lithium Hydroxide (Fastmarkets) Average Price OptionCMEMB-LI-0033
CME Cobalt Metal (Fastmarkets) Average Price OptionCMEMB-CO-0005
CME Cobalt Hydroxide (Fastmarkets) Futures ContractCMEMB-CO-0023
ICE Biofuel Diff – RBD Soybean Oil Basis (Fastmarkets) FutureICEAG-SYB-0049
LME Aluminum Premium Duty Unpaid European Futures ContractLMEMB-AL-0346
LME Cobalt Futures ContractLMEMB-CO-0005
LME Lithium Hydroxide Futures ContractLMEMB-LI-0033
NOREXECO NBSK CIF China assessmentNOREXECOFP-PLP-0039
NOREXECO PIX China BHKP Net indexNOREXECOFP-PLP-0033
NOREXECO PIX Europe BHKPNOREXECOFP-PLP-0040
NOREXECO PIX Europe NBSKNOREXECOFP-PLP-0037
NOREXECO FOEX PIX Old Corrugated Containers NOREXECOFP-RCP-0241
SGX MB Iron Ore CFR China (58% FE Fines) Index Futures ContractSGXMB-IRO-0015
SGX MB Iron Ore CFR China (65% FE Fines) Index Futures ContractSGXMB-IRO-0009
SGX MB Iron Ore CFR China (65% FE Fines) Average Price OptionSGXMB-IRO-0009
SGX Lithium Hydroxide Futures ContractSGXMB-LI-0033
SGX Cobalt MetalSGXMB-CO-0005

Learn more about futures contracts and their role in price risk management

Get the latest news and insights from our risk management experts

Soybean front-month July futures on the Chicago Mercantile Exchange (CME) rebounded on Friday May 10 with support from soybean oil and despite estimates of ample offer and ending stocks for the 2024/25 crop in the latest World Agricultural Supply and Demand Estimates (WASDE) report.

As the Intercontinental Exchange launches the first RBD soybean oil futures contract, David Becker explains the advantages of having an exchange-traded derivative and how this will help protect against price volatility

Learn more about the growth in lithium hydroxide futures contracts at the CME for January 2024

Learn more about how you could generate additional revenue by selling your embedded options

This week, the Chicago Mercantile Exchange (CME) launched option contracts on lithium hydroxide, which are cash-settled and differ from many of the CME commodity options on futures

The Commodity Futures Trading Commission starts reporting cobalt futures position information

Commodity risk management using pulp financial futures contracts

Cobalt futures volume and open interest are accelerating on the CME

The CME Group has tripled the volumes traded on its physically delivered global aluminium futures contract since the first quarter of 2022 – reaching a single-day high of 7,929 contracts on October 5, with a daily average of about 3,000 contracts so far this month and open interest at a record 1,411 contracts on October 19

We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Find out how our price reporters and analysts assess and forecast prices in agriculture, forest products and metals