Worked exampleAluminiumRolled coilVAP

Aluminium coil

AA1050 / AA1100 / 3003 / 5xxx

Aluminium coil is priced 'LME Al + alloy premium + rolling margin' and invoiced by MT. Direct MT hedging captures the LME portion cleanly and lets rolling mills track conversion and finishing premiums as separate P&L lines.

This page shows how the NovaEx wizard models one common configuration. Your contract may look different. Override any field per shipment, or clone the example to build your own.

By NovaEx Product

Conversion recipe

1:1 weight
Hedge methodDirect MT hedge
FormulaHedgeable MT = Qty × UOM factor
Commercial UOMMT
Rounding ruledown

Sources

Aluminium Association · European Aluminium Rolled Products Association

Industry-standard ranges shown. Actual contract terms vary per shipment; override at position entry.

Worked example

Typical shipment

Commercial qty

40 MT

As invoiced

Contained metal

40.00 MT

Aluminium inside the goods

Hedgeable metal

40.00 MT

Flows to hedge desk → LME Aluminium

40 MT = 40.00 MT contained Refined metal is 100% base metal → 40.00 MT Aluminium hedgeable

40 MT of aluminium coil (1050 or 1100) × 100% = 40 MT Al hedgeable → hedge on LME Aluminium.

Typical specifications

What you're actually trading

Reference specifications for contracts, counterparty conversations, and supply-chain planning. Not a substitute for the shipment's lab certificate or commercial contract.

Typical alloys
1050, 1100 (pure) / 3003 (beverage can) / 5052 (marine)
Al content
≥99.0% for 1xxx; ≥97% for 3xxx/5xxx
Thickness range
0.15–6.0 mm (sheet gauge)
Priced by
MT of finished coil
Use case
Beverage cans, construction cladding, auto body, household foil
Related products

Other products traders often pair with this one

More Aluminium worked examples in the same catalog. Clone any of them, or configure your own variant via the wizard.

Configure aluminium coil for your desk

Book a live walkthrough. We'll configure this product using your own contract terms and show the hedge derivation end-to-end.

Questions about this product

Aluminium coil: FAQs

Frequently Asked Questions