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HDPE High Density Polyethylene (PCW) BALMO 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)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/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: HPD
CME ClearPort: HPD
Open Outcry: HPD
Clearing: HPD
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: Every day for 2 consecutive months
Default Every day for 2 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the daily closing price on PetroChem Wire (PCW) for High Density Polyethylene of blow molding grade with 0.35 melt and 0.953 density (basis FOB Houston) starting from the selected start date through the end of the contract month, inclusively.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1220
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing