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Polypropylene Futures
| Polypropylene Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | P1 | ||||
| Venue | CME Globex, CME ClearPort and Open Outcry (New York) | ||||
| Hours (All Times are New York Time/ET) |
CME Globex: | Sunday - Friday 6:00 p.m. - 5:15 p.m. (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. (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) | ||||
| Open Outcry: | Monday – Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT) | ||||
| Contract Unit | 47,000 pounds | ||||
| Price Quotation | U.S. dollars and cents per pound | ||||
| Minimum Fluctuation | 0.0001 per pound | ||||
| Termination of Trading | Trading ceases on the last business day of the month prior to the delivery month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | 24 consecutive months | |||
| CME Globex: | 1 month | ||||
| Settlement Type | Physical | ||||
| Delivery | Please see rulebook chapter 599 | ||||
| Delivery Period | Please see rulebook chapter 599 | ||||
| Grade and Quality Specifications | Please see rulebook chapter 599 | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 599 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||
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