Contract Unit 1,000 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 4:00 p.m. CT with no reporting Monday - Thursday 4:00 p.m. – 5:00 p.m. CT
Minimum Price Fluctuation 0.001 = $1.00 per metric ton
Product Code CME Globex: FLJ
CME ClearPort: FLJ
Clearing: FLJ
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years.Monthly contracts for a new calendar year will be added following the termination of trading in the November contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the USD per metric ton rate for the LPG3 freight route (BLPG3) (i.e. US Gulf to Japan for cargoes of 44,000 metric tons, or as subsequently amended) published by the Baltic Exchange for each day that it is published during the Settlement Period.
Termination Of Trading For contract months January to November inclusive: Trading terminates on the last business day of the calendar month. For December contract months: Trading terminates on the 24th calendar day of the month or if this is not a business day, the first preceding business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 701
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing