Contract Unit 100 metric tons
Price Quotation U.S. dollars and cents per metric ton
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)
Minimum Price Fluctuation 0.001 per metric ton = $0.10
Product Code CME Globex: NCP
CME ClearPort: NCP
Clearing: NCP
Listed Contracts Daily contracts listed for the current month and the next calendar month. Add daily contracts for a new calendar month following the termination of trading of the last contract day of the current month.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract is equal to the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for Northwest Europe Naphtha Physical under the heading "Cargoes CIF NWE Basis ARA" price for each business day that it is determined.
Termination Of Trading Trading terminates at the close of business on the contract day according to the London banking calendar.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 236
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing