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Softwood Pulp Futures
 
 
Softwood Pulp Futures
Contract Size 20 metric tons
Price Description Northern Bleached Softwood Kraft pulp
Pricing Unit Dollars per metric ton (mt)
Tick Size (minimum fluctuation) $.50 per mt ($10 per contract)
Daily Price Limits $50 per mt above or below previous day's settlement price; none for expiring contract in spot month.
Trading Hours
(All times listed are Central Time)
CME Globex (Electronic Platform) MON - THU 5:00pm - 4:00pm (next day) Central Time
SUN and holidays
5:00pm - 4:00pm (next day) Central Time
Last Trade Date/Time
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Last Tuesday of the contract month, 2:00 a.m.
Contract Months
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All Calendar Months
Settlement Procedure Cash settlement . See CME Rule 20303.
Position Limits Non-Spot: 1,000 contracts in any contract month
Spot: 1,000 contracts
All months combined: n/a
See CME Rule: 20302.E
Ticker Symbol CME Globex = WP
Clearing = WP
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Rulebook Chapter 203
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.