||500 dry metric tons
||U.S. Dollars and cents
||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)
||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)
|Minimum Price Fluctuation
$0.01 per dry metric ton
CME Globex: PIOCME ClearPort: PIOClearing: PIO
|| Current year plus the next two calendar years
||The floating price for each contract month is equal to the average price calculated for all available price assessments published for "Iron ore fines 62% Fe - CFR China Port" for that given calendar month by Platts.
|Termination Of Trading
|| Trading terminates on the last business day of the contract month. Business days are based on the Singapore Public Holiday calendar. If the last business day of the contract month is a Singapore public holiday, the last trade date will be the business day immediately preceding the holiday.
||NYMEX Position Limits
||Block Minimum Thresholds
||Quote Vendor Symbols Listing