Hardwood Pulp

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Hardwood Pulp Futures

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Hardwood Pulp Index Futures

Trade Unit	20 metric tonnes times the FOEX Indexes Ltd.-PIX BHKP Europe Index monthly average per ton.
Settle Method	Cash Settled
Point Size	$per MT .50 per MT=$10.00
Tick Size(Min Fluctuations)	GLOBEX Regular0.5=$10.00Calendar Spread0.5=$10.00
Limits/Price Banding	GLOBEX There shall be no trading at a price more than $50 per tonne above or below the previous day's settlement price, except that there shall be no daily price limits in the expiring contract during the spot month.
Trading Hours	GLOBEX Sunday 5 p.m.-Friday 4 p.m. Central Time, with daily halts from 4 p.m. to 5 p.m. Central Time
Listed	GLOBEX
Product Codes	GLOBEX Ticker=HWP Clearing=HWP
Exchange Rule	These contracts are listed with, and subject to, the rules and regulations of CME.
Block Minimum	Block Trading Minimums