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

Contract Exchange Price ID
CME Alumina FOB Australia (Metal Bulletin) Futures Contract CME MB-ALU-0002
CME Aluminum European Premium Duty-Paid (Metal Bulletin) Futures Contract CME MB-AL-0004
CME Aluminum European Premium Duty-Unpaid (Metal Bulletin) Futures Contract CME MB-AL-0346
CME Cobalt (Fastmarkets) Futures Contract CME MB-CO-0005
CME Copper Premium Grade A CIF Shanghai (Metal Bulletin) Futures Contract CME MB-CU-0403
CME Lithium Hydroxide (Fastmarkets) Futures Contract CME MB-LI-0033
CME U.S. Midwest Busheling Ferrous Scrap (AMM) Futures Contract CME MB-STE-0422
CME Lithium Carbonate (Fastmarkets) Average Price Option CME MB-LI-0029
CME Lithium Hydroxide (Fastmarkets) Average Price Option CME MB-LI-0033
CME Cobalt Metal (Fastmarkets) Average Price Option CME MB-CO-0005
CME Cobalt Hydroxide (Fastmarkets) Futures Contract CME MB-CO-0023
LME Aluminum Premium Duty Unpaid European Futures Contract LME MB-AL-0346
LME Cobalt Futures Contract LME MB-CO-0005
LME Lithium Hydroxide Futures Contract LME MB-LI-0033
NOREXECO NBSK CIF China assessment NOREXECO FP-PLP-0039
NOREXECO PIX China BHKP Net index NOREXECO FP-PLP-0033
NOREXECO PIX Europe BHKP NOREXECO FP-PLP-0040
NOREXECO PIX Europe NBSK NOREXECO FP-PLP-0037
NOREXECO FOEX PIX Old Corrugated Containers  NOREXECO FP-RCP-0241
SGX MB Iron Ore CFR China (58% FE Fines) Index Futures Contract SGX MB-IRO-0015
SGX MB Iron Ore CFR China (65% FE Fines) Index Futures Contract SGX MB-IRO-0009
SGX MB Iron Ore CFR China (65% FE Fines) Average Price Option SGX MB-IRO-0009
SGX Lithium Hydroxide Futures Contract SGX MB-LI-0033
SGX Cobalt Metal SGX MB-CO-0005


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

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Measuring unexpected price changes can be accomplished using a widely accepted value at risk calculation. Once you know the risks to your firm, what can you do about it? One technique is to take three specific steps to monitor and control your company’s price risks.

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