European Diesel 10ppm Barges FOB ARA (Platts) vs. NY Harbor ULSD
Futures
European Diesel 10ppm Barges FOB ARA (Platts) vs. NY Harbor ULSD Futures - Contract Specs
| Contract Unit | 1,000 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 = $1.00 |
| Product Code | CME Globex: EL1 CME ClearPort: EL1 Clearing: EL1 |
| Listed Contracts | CME ClearPort: Monthly contracts listed for 24 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 between the high and low quotations from the "Platts European Marketscan" under the heading "Northwest Europe barges" subheading "FOB Rotterdam" for Diesel 10ppm" minus the first line NYMEX New York ULSD Futures settlement price for each business day during the contract month (using Non-Common pricing) |
| Termination of Trading | Trading terminates on the last London business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
