Propane futures info

 
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Trade Propane Futures

Propane Futures Contract Specs

To trade Propane futures, open a futures trading account.

Propane Futures Info Propane Futures Charts, Quotes, Options
Trading Unit 42,000 U.S. gallons (1,000 barrels).
Trading Hours: Open outcry trading is conducted from 9:20 AM until 1:10 PM.
Price Quotation U.S. dollars and cents per gallon.
Trading Months: 15 consecutive months.
Ticker Symbol: PN
Minimum Fluctuation: $0.0001 (0.01¢) per gallon ($4.20 per contract).
Last Trading Day: Trading terminates at the close of business on the last business day of the month preceding the delivery month.
Daily Limit on Price Movement: $0.25 per gallon ($10,500 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $0.25 per gallon in either direction. If another halt were triggered, the market would continue to be expanded by $0.25 per gallon in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session.
Position Limits: 1,500 contracts for all months combined, but not to exceed 250 in the last three days of trading in the spot month or 500 in any one month.

These contract specifications are subject to change.

For more info see NYMEX.com


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