• Amendment to Grade and Quality Specifications for High Density Polyethylene (HDPE) Futures (P6)

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5233
      • Notice Date
      • 06 May 2010
      • Effective Date
      • 10 May 2010

    • Effective trade date Monday, May 10, 2010, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will implement an amendment to Rule 600.04 (“Grade and Quality Specifications”) for High Density Polyethylene (HDPE) Futures contract (Chapter 600, commodity code P6) listed for trading on the NYMEX trading floor and for clearing through CME ClearPort®. 

      The amendment, provided below in blackline, is intended to adjust the contract specifications such that they mirror more closely the industry’s quality specifications. 

      (underline indicates addition; strikethrough indicates deletion)

      600.04.             GRADE AND QUALITY SPECIFICATIONS

      Polyethylene of High Density blow molding grade. Melt Flow rate 0.35 (-0.05/+0.04)0.30 (-0.02/+0.05). Density 0.953 (+/-0.003)0.95 (.0.05/+0.05) No additives. Product shall be free of all contaminants and additives, except for producer antioxidant additive packages.

       

      Should you have any questions or require any further information, please contact Dan Brusstar at 212-299-2604.

       

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