UCO T1 CIF ARA Excluding Duty (PRIMA) Futures Contract Specs
| 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: UCECME ClearPort: UCEClearing: UCE | ||||
| Listed Contracts | Monthly contracts listed for 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 the bid and ask quotations from Prima Daily Low Carbon Fuels Report for T1 UCO non-EU under the heading for Europe for "T1 Non-EU UCO CIF ARA” for each business day that the Floating Price is determined during the contract month. | ||||
| Termination Of Trading | Trading terminates on the last London and U.S. business day of the contract month | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1267 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
Quick Links
Other Energy Products
Tools
Email Subscriptions
- Natural Gas
- Crude Oil
Essentials
Contact Us
© 2020 CME Group Inc. All rights reserved.