Contract Unit 1,000 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 0.05 per metric ton = $50.00 .
Product Code CME Globex: MTF
CME ClearPort: MTF
Clearing: MTF
Listed Contracts Monthly contracts listed for the current year and the next 4 calendar years.  List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be equal to the (API 2) cif ARA Monthly Coal Price Index published in the Argus/McCloskey’s Coal Price Index Report (ie being the average of weekly prices during the contract month).
Termination Of Trading Trading terminates on the last Friday of the contract month. If the last Friday is not a London business day, trading terminates on the prior London and U.S. business day. 
Settlement Procedures Delivery under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 926
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing