- Trading Screen Product Name
- Butane Argus Futures (balmo)
- Trading Screen Hub Name
- CIF ARA
- Contract Symbol
BUN
- Settlement Method
Cash settlement
- Contract Size
1,000 metric tonnes
- Currency
US Dollars and cents
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per metric tonne
- Listing Cycle
Up to 2 months of balance-of-month contract months
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
NGL-BUTANE (EUROPE: CIF ARA LARGE CARGOES)-ARGUS INTERNATIONAL LPG
- a) Ref Price A - Description
"NGL-BUTANE (EUROPE: CIF ARA LARGE CARGOES)-ARGUS INTERNATIONAL
LPG" means that the price for a Pricing Date will be that day's
Specified Price per tonne of butane for delivery on the Delivery
Date, stated in US Dollars, published under the heading "Northwest
Europe and Mediterranean: cif ARA (large cargoes): Butane" in the
issue of Argus International LPG that reports prices effective on
that Pricing Date
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
Price
- d) Ref Price A - Pricing calendar
Argus International LPG
- e) Ref Price A - Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU