CME COMEX: TIC Iron Ore 58% Fe, Low Alumina, CFR China (TSI) Futures prices chart

Iron Ore 58% Fe, Low Alumina, CFR China (TSI) Futures (CME COMEX: TIC) Contract Specifications

Contract Unit: 500 dry metric tons
Price Quotation: U.S. dollars and cents
Minimum Price Fluctuation: $0.01 per dry metric ton
Settlement Method: Financially Settled

Listed Contracts: Current year plus the next two calendar years

Floating Price: The floating price for each contract month is equal to the average price calculated for all available price assessments published for “Iron ore fines 58% Fe, low alumina, CFR China” for that given calendar month by TSI.

Termination of Trading: Trading shall cease on the last business day of the contract month. Business days are based on the Singapore Public Holiday calendar. If the last business day of the contract month is a Singapore public holiday, the last trade date will be the business day immediately preceding the holiday.

Trading Hours:
Sunday – Friday 6:00 p.m. – 5:00 p.m. (5:00 p.m. – 4:00 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
London
Singapore