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Ethanol T2 FOB Rdam Including Duty (Platts) Average Price Option Contract Specs

    S&P Global Platts are making a change to their Ethanol T2 FOB Rotterdam assessment effective January 4, 2021, Please be aware of the planned changes and see the Exchange notice that has been issued.

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Contract Unit 100 Cubic Meters
Minimum Price Fluctuation €0.001 per Cubic Meter
Price Quotation Euros per Cubic Meter
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)
Product Code CME Globex: Z1O
CME ClearPort: Z1O
Clearing: Z1O
Listed Contracts Monthly contracts listed for 6 consecutive months.
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 193
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying Ethanol T2 FOB Rdam Including Duty (Platts) Futures