Aluminum futures volume totaled 3,772 contracts yesterday, surpassing the volume record of 2,392 contracts set on September 28, 2000.
Volume in the contract during the first 11 months of 2002 reached 64,934 contracts, by far surpassing the previous annual volume record of 46,099 contracts, set in 2000.
Exchange President J. Robert Collins, Jr., said, "The strong growth of trading activity in the COMEX Division aluminum futures contract is indicative of commercial sector support for a reliable, transparent, and liquid risk management tool tailored to the needs of participants in the North American aluminum market."