THAILAND LONG GRAIN WHITE RICE (PLATTS) FUTURES - CONTRACT SPECS

Contract Unit 25 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours CME Globex: Monday – Friday: 8:30 a.m. – 1:20 p.m. Central Time/CT. Pre-Open: Monday – Friday: 8:00 a.m. – 8:30 a.m. CT.
CME ClearPort: Sunday 5:00 p.m. – Friday 5:45 p.m. CT with a 15-minute maintenance window each day Monday – Thursday from 5.45 p.m. to 6.00 p.m. CT
Minimum Price Fluctuation 0.50 per metric ton = $12.50
Product Code CME Globex: TRF
CME ClearPort: TRF
Clearing: TRF
Listed Contracts Monthly contracts listed for 12 consecutive months
Settlement Method Financially Settled
Floating Price The Final Settlement Price for each contract month shall be equal to the arithmetic average of the “Thai Long Grain White Rice 5% Broken FOB” price assessment published by Platts LRI for each day that it is determined during the contract calendar month, rounded to the nearest $0.01.
Termination Of Trading Trading terminates on the last business day of the contract month which is also a Platts LRI publication date for the price assessment
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 71
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing