Contract Unit
|
100 Metric tons |
Price Quotation
|
U.S. dollars and cents per metric ton |
Trading Hours
|
Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) |
Minimum Price Fluctuation
|
0.01 per metric tons = $1.00
|
Product Code
|
CME Globex: 1NMCME ClearPort: 1NMClearing: 1NM
|
Listed Contracts
|
Monthly contracts listed for 36 consecutive months.Monthly contracts for a new month will be added following the termination of trading in the front month contract.
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations for MTBE FOB Singapore published by Platts for each day that is determined during the contract month. |
Termination Of Trading
|
Trading terminates on the last business day of the contract month.
|
Exchange Rulebook
|
NYMEX 725 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |