- Trading Screen Product Name
- Propylene OPIS PCW Futures (balmo)
- Trading Screen Hub Name
- MT.B
- Contract Symbol
PPN
- Settlement Method
Cash settlement
- Contract Size
100,000 pounds
- Currency
US Dollars and cents
- Minimum Price Fluctuation
One thousandth of one cent ($0.00001) per pound
- Listing Cycle
Up to 2 consecutive monthly contract months
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
MONOMERS–PGP FOB MT B EPC–OPIS PETROCHEM WIRE
- a) Description
"MONOMERS-PGP FOB MT B EPC-OPIS PETROCHEM WIRE" means that the
price for a Pricing Date will be that day's Specified Price per
pound of polymer grade propylene, stated in US Dollars, published
under the heading "Closing Markets – Monomers - PGP MT B FOB"
in the issue of OPIS Petrochem Wire 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
OPIS PetroChem Wire
- e) Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU