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LLDPE Linear Low Density Polyethylene (PCW) Financial Futures Contract Specs

Contract Unit 47,000 pounds
Price Quotation U.S. dollars and cents per pound
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Minimum Price Fluctuation $0.00001 per pound
Product Code CME Globex: LPE
CME ClearPort: LPE
Clearing: LPE
Listed Contracts Every month for 24 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average daily closing price of the PetroChem Wire Daily FOB Houston Linear Low Density Polyethylene Film Butene grade with 1.0 melt and 0.92 density barefoot or medium adds for each business day during the contract month.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 140
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing