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Singapore Mogas 92 Unleaded (Platts) Futures Contract Specs

    Platts to amend Singapore 92 RON, 95 RON, 97 RON Gasoline specifications effective July 2019. Further information regarding this matter may be viewed here.

Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
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 barrel
Product Code CME Globex: N1B
CME ClearPort: 1N
Clearing: 1N
Listed Contracts 36 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 the high and low quotations from Platts Oilgram Price Report for Singapore Mogas 92 Unleaded Gasoline for each business day that it is determined during the contract month.

For contract months from July 2019 onwards, the quality referenced by Platts for FOB Singapore Gasoline 92 RON unleaded, 95 RON unleaded and 97 RON unleaded will reflect, as announced by Platts, maximum sulphur level of 50 ppm, RVP of 9 PSI, final boiling point of 215 degrees, as well as new maximum contents on aromatics at 40 % and olefins at 25%. Trading in all contract months up to but excluding July 2019, will continue to reference for current Platts gasoline quality.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 720
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing