CME NYMEX:MTF Coal (API2) CIF ARA (ARGUS-McCloskey) Futures prices chart
Coal (API2) CIF ARA (ARGUS-McCloskey) Futures (CME NYMEX:MTF) :
Product Code: CME Globex: MTF, CME ClearPort: MTF, Clearing: MTF
Contract Unit: 1,000 metric tons
Price Quotation: U.S. dollars and cents per metric ton
Minimum Price Fluctuation: 0.05 per metric ton = $50.00.
Settlement Method: Financially Settled
Floating Price: The Floating Price for each contract month shall be equal to the (API 2) cif ARA Monthly Coal Price Index published in the Argus/McCloskey’s Coal Price Index Report (ie being the average of weekly prices during the contract month).
(1) Monthly contracts listed for the current year and the next 4 calendar years.
(2) List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Termination Of Trading:
(1) Trading terminates on the last Friday of the contract month.
(2) If the last Friday is not a London business day, trading terminates on the prior London and U.S. business day.
Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)