- Trading Screen Product Name
- Benzene, IHS MARKIT Futures
- Trading Screen Hub Name
- US Index Fixed Price
- Contract Symbol
BUI
- Settlement Method
Cash settlement
- Contract Size
1,000 bbl
- Currency
US Dollars and cents
- Trading Price Quotation
One thousandth of one cent ($0.00001) per gallon
- Settlement Price Quotation
One thousandth of one cent ($0.00001) per gallon
- Minimum Price Fluctuation
One thousandth of one cent ($0.00001) per gallon
- Listing Cycle
Up to 36 consecutive monthly contract months
- Last Trading Day
Last Trading Day prior to the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
AROMATICS - BENZENE US Index – IHS MARKIT
- a) Description
"AROMATICS - BENZENE US Index – IHS MARKIT" means that the
price for a Pricing Date will be that day's Specified Price per
gallon of benzene for delivery on the Delivery Date, stated in US
Dollars, published under the heading "Closing Markets –
Monomers – Benzene DDP HTC" in the issue of IHS MARKIT NORTH
AMERICA AROMATICS DAILY that reports prices effective on that
Pricing Date
- b) Pricing Date
Each day that prices are reported for the Delivery Date
- c) Specified Price
Price
- d) Pricing Calendar
IHS MARKIT
- e) Delivery Date
Contract month
- Final Payment Date
Three Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU