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Singapore Fuel Oil 180 cst (Platts) vs. 380 cst (Platts) BALMO Futures Contract Specs

Contract Unit 1000 metric tons
Price Quotation U.S. dollars and cents per metric ton
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)
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)
Minimum Price Fluctuation $0.001 per metric ton
Product Code CME Globex: MSD
CME ClearPort: MSD
Open Outcry: MSD
Clearing: MSD
Listed Contracts Current month and the next two months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore 180cst High Sulfur Fuel Oil (Waterborne Cargo) price minus the arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore 380cst HSFO 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 1192
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing