Black Sea Sunflower Oil Financially Settled (Platts)
Futures
Black Sea Sunflower Oil Financially Settled (Platts) Futures - Contract Specs
CBOT HAS SUSPENDED TRADING AND CLEARING OF THE BLACK SEA SUNFLOWER OIL FINANCIALLY SETTLED (PLATTS) FUTURES CONTRACT. ADDITIONAL INFORMATION MAY BE VIEWED IN SER 8942 DATED MARCH 1, 2022.
| Contract Unit | 25 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| Trading Hours | CME Globex: Sunday - Friday 7:00 p.m. - 7:45 a.m. (8:00 p.m. - 8:45 a.m. ET) Monday - Friday 8:30 a.m. - 1:20 p.m. (9:30 a.m. - 2:20 p.m. ET) CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
| Minimum Price Fluctuation | 0.50 per metric tons = $12.50 |
| Product Code | CME Globex: BSF CME ClearPort: BSF Clearing: BSF |
| Listed Contracts | Monthly contracts listed for 12 consecutive months.Monthly contracts for a new month will be added following the termination of trading in the front month contract. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month shall be equal to the arithmetic average of the “Sunflower Oil FOB Black Sea Ukraine” price assessment published by Platts for each day that it is determined during the Settlement Period. The Floating Price shall be rounded to the nearest $0.01. |
| Termination of Trading | Trading terminates on the 15th calendar day of the month prior to the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
