Singapore Fuel Oil 180 cst (Platts) vs. 380 cst (Platts) BALMO
Futures
Singapore Fuel Oil 180 cst (Platts) vs. 380 cst (Platts) BALMO Futures - Contract Specs
| Contract Unit | 1000 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: MSD CME ClearPort: MSD Clearing: MSD |
| Listed Contracts | Monthly BALMO contracts listed for 3 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore 180cst High Sulfur Fuel Oil (Waterborne Cargo) price minus the arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore 380cst HSFO starting from the selected start date through the end of the contract month, inclusively. |
| Termination of Trading | Trading terminates on the last Singapore business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
