Contract Unit 100 Metric Tons
Price Quotation U.S. Dollars and Cents Metric Ton
Trading Hours 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)
Minimum Price Fluctuation $0.01 per Metric Ton
Product Code CME Globex: MPS
CME ClearPort: MPS
Clearing: MPS
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years. Monthly contracts for a new calendar year will be added 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 is equal to the arithmetic average of the high and low quotations from Argus Media for Propane CIF ARA for each business day that it is determined during the contract month.
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 968
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing