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Mini Japan Naphtha (Platts) BALMO Swap Futures
 
 
Mini Japan Naphtha (Platts) BALMO Swap Futures
Product Symbol E6M
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)
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 100 metric tons
Price Quotation U.S. dollars and cents per metric ton
Minimum Fluctuation $0.001 per metric ton
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts for Naphtha under the heading "C&F Japan" for each business day starting from the selected start date through the end of the contract month, inclusive.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts One contract month, and the next contract month will be listed ten business days before the start of the contract month.
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 1062
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.