Cobalt Hydroxide CIF China (Fastmarkets) Futures - Contract Specs
| Contract Unit | 2,204.62 pounds |
|---|---|
| Price Quotation | U.S. dollars and cents per pound |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
| Minimum Price Fluctuation | 0.01 per pound = $22.0462 |
| Product Code | CME Globex: COH CME ClearPort: COH Clearing: COH |
| Listed Contracts | Monthly contracts listed for the current year and the next 4 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Settlement Method | Financially Settled |
| Floating Price | For contract months through and including Dec-25: The floating price for each contract month is equal to the arithmetic average of all available price assessments published for “Cobalt hydroxide, min 30% Co, inferred, China, $ per lb” in $/pound by Fastmarkets during the contract month. For contract months Jan-26 and beyond: The floating price for each contract month is equal to the arithmetic average of all available price assessments published for “Cobalt hydroxide 30% Co min, cif China, $/Ib” in $/pound by Fastmarkets during the contract month. |
| Termination of Trading | Trading terminates on the last UK business day of the contract month. If this is not a U.S. business day, trading terminates on the prior U.S. business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
