Contract Unit | 100 metric tons | ||||
Price Quotation | U.S. dollars and cents per metric ton | ||||
Trading Hours | CME Globex: | Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT | CME ClearPort: | Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT | |
Minimum Price Fluctuation | 0.25 per metric ton = $25.00 | ||||
Product Code | CME Globex: UFECME ClearPort: UFEClearing: UFE | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months | ||||
Settlement Method | Financially Settled | ||||
Floating Price | The Floating price shall be based on the arithmetic average of midpoint price assessments published weekly by both ICIS and Profercy during the contract month. | ||||
Termination Of Trading |
Jan-Nov contract months: Trading terminates on the last Thursday of the contract month. If this is not a U.S. or London business day, trading terminates on the prior U.S. and London business day. Dec contract month: Trading terminates on the Thursday prior to December 26th. If this is not a U.S. or London business day, trading terminates on the prior U.S. and London business day. |
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Settlement Procedures | Fertilizer Settlement Procedures | ||||
Position Limits | CBOT Position Limits | ||||
Exchange Rulebook | CBOT 42 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Price Limit Or Circuit | Price Limits | ||||
Vendor Codes | Quote Vendor Symbols Listing |
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