Benzene, IHS MARKIT US Index Fixed Price Future31687030
ICE Futures U.S.
Benzene, IHS MARKIT US Index Fixed Price Future
Description
A monthly cash settled future based upon the average of the daily prices published by IHS MARKIT for the location specified in Reference Price A
Market Specifications
- Trading Screen Product Name
- Benzene, IHS MARKIT Futures
- Trading Screen Hub Name
- US Index Fixed Price
- Contract Symbol
- BUI
- Settlement Method
- Cash settlement
- Contract Size
- 1,000 bbl
- Currency
- US Dollars and cents
- Trading Price Quotation
- One thousandth of one cent ($0.00001) per gallon
- Settlement Price Quotation
- One thousandth of one cent ($0.00001) per gallon
- Minimum Price Fluctuation
- One thousandth of one cent ($0.00001) per gallon
- Listing Cycle
- Up to 36 consecutive monthly contract months
- Last Trading Day
- Last Trading Day prior to the contract month
- Final Settlement
- Average of Reference Price A prices
- REFERENCE PRICE A
- AROMATICS - BENZENE US Index – IHS MARKIT
- a) Description
- "AROMATICS - BENZENE US Index – IHS MARKIT" means that the price for a Pricing Date will be that day's Specified Price per gallon of benzene for delivery on the Delivery Date, stated in US Dollars, published under the heading "Closing Markets – Monomers – Benzene DDP HTC" in the issue of IHS MARKIT NORTH AMERICA AROMATICS DAILY that reports prices effective on that Pricing Date
- b) Pricing Date
- Each day that prices are reported for the Delivery Date
- c) Specified Price
- Price
- d) Pricing Calendar
- IHS MARKIT
- e) Delivery Date
- Contract month
- Final Payment Date
- Three Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Codes
- Clearing Admin Name
- Aromatics Mstr
- Physical
- BUI
- Logical
- BUI
- GMI (FC)
- 5I
- ION A.C.N.
- Symbol Code
- BUI