MTBE FOB SINGAPORE (PLATTS) FUTURES - CONTRACT SPECS
| 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 | ||||
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