Ammonia Outright - Argus Ammonia US Gulf CFR Future

ICE Futures U.S.

A monthly cash settled future based on the Argus daily assessment price for Ammonia US Gulf CFR.

Trading Screen Product Name: Ammonia Futures
Trading Screen Hub Name: Argus Ammonia US Gulf CFR
Contract Symbol: AOH
Contract Size: 100 metric tonnes
Unit of Trading: Any multiple of 100 metric tonnes
Currency: US Dollars and cents
Trading Price Quotation: One cent ($0.01) per metric tonne
Settlement Price Quotation: One tenth of one cent ($0.001) per metric tonne
Minimum Price Fluctuation: One tenth of one cent ($0.001) per metric tonne
Last Trading Day: Last Trading Day of the contract month
Floating Price: In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
Final Settlement: In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the “$/t” quotations appearing in the “Argus Ammonia” report under the heading “Ammonia daily prices” for “US Gulf cfr” in the contract month.
Contract Series: Up to 36 consecutive months, or as otherwise determined by the Exchange.
Final Payment Date: Two Clearing House Business Days following the Last Trading Day
Business Days: Publication days for Argus Ammonia
MIC Code: IFED
Clearing Venues: ICEU

*Next Day

Sunday Pre-Open 5:40 PM ET; Closed on Saturday