Propylene, I.C.I.S. CFR NE Asia Future

ICE Futures U.S.

A monthly cash settled future based upon the average of the daily prices published by ICIS for the location specified in Reference Price A

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

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