- Trading Screen Product Name
- Propylene ICIS NE Futures
- Trading Screen Hub Name
- CFR NE Asia
- Contract Symbol
PNE
- Settlement Method
Cash settlement
- Contract Size
100 metric tonnes
- Currency
US Dollars and cents
- Minimum Price Fluctuation
The price quotation convention shall be One tenth of a cent
($0.001) per metric tonne; minimum price fluctuation may vary by
trade type.
- Listing Cycle
Up to 36 consecutive monthly contract months, or as otherwise
determined by the Exchange
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
Propylene, CFR NE Asia
- a) Description
“Propylene, CFR NE Asia” means that the price for a
pricing date will be that day’s specified price per metric
tonne of Propylene for delivery on the delivery date, stated in US
Dollars, published under the heading “Propylene, CFR NE Asia
in the issue of the I.C.I.S Propylene Daily Asia 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
ICIS
- e) Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU