Capesize

17950

Sep-17
0.00 0.00%

Panamax

11175

Sep-17
225.00 2.05%

Iron Ore

76.5

Sep-17
0.85 1.12%

Sing 380

278.25

Oct-17

Coking Coal

208

Sep-17
0.00 0.00%

Nola Urea

212.5

Sep-17
0.00 0.00%

Cleared, Cash-Settled Contract Specifications


UREA – New Orleans (UNO)

UREA – Yuzhnyy (UYZ)

UREA – Egypt (UNE)

DAP – Tampa (DTA)

DAP – New Orleans (DNO)

UAN – NOLA (UAN)

Lot size: 500mt – UYZ, DTA, UNE

Lot size: 500st – UNO, DNO, UAN

Currency: US Dollars

Minimum tick: US $0.0001

Fixed price: The traded price or the previous day’s settlement price as supplied end of day by FIS brokers

Floating price: In respect of daily settlement, the floating price will be the end of day price as supplied by FIS brokers

In respect of final settlement, the floating price will be the arithmetic average of the relevant weekly indices for that contract as supplied by FIS for that month

The index publishers are FertilizerWEEK, Fertecon and FMB

Contract series: Front 6 months, 4 quarters

Expiry: Last publication day of the relevant index in the contract month ie the last business Thursday of every month

Exception – December contracts will expire on the penultimate Thursday, as there is no publication of an index in the week prior to New Year

Where the last Thursday of the month is a non-business day, the expiry day will be the first business day preceding.

Settlement: The first business day following the expiry day

Delivery: Cash settled monthly against the average of all the relevant indices for that contract during the month

Business Days: UK Business Days

 

 The Fertilizer Indices: