The Tokyo Commodities Exchange will suspend trading of its Aluminium Futures when the existing back month contracts expire in October 2010, after a drastic fall in demand.
No new back month contract will be generated after October 26, 2010, though the contract itself will not be delisted from the exchange.
In recent months, the exchange had been trying to stimulate market demand for aluminium, hosting promotional seminars and adjusting the delivery process and contract unit, before ultimately deciding that a sustained lack of liquidity prevented the...