Contract Unit
|
100 metric tons |
Price Quotation
|
U.S. dollars and cents per metric ton |
Trading Hours
|
CME Globex: |
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
CME ClearPort: |
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/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
|
Product Code
|
CME Globex: MMECME ClearPort: MMEClearing: MME
|
Listed Contracts
|
12 consecutive months
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of high and low quotations from the Platts Asia-Pacific/Arab Gulf Marketscan for Middle East physical oil assessments under the heading "Naphtha FOB Arab Gulf" price for each business day that it is determined during the contract month. |
Termination Of Trading
|
Trading shall cease on the last business day of the contract month.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 1166 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |