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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
The chart at left shows front-month Ethanol futures prices on the Chicago Board of Trade (CBOT) in dollars per gallon. Please note that because of ticker conflicts, Wikinvest uses the tickers AK and ZK for pit and electronic sessions, respectively, rather than the more traditional AC and ZC.
Ethanol futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).
The following is a table with Ethanol futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Ethanol futures contract on the Chicago Board of Trade is 29,000 US gallons.
One tenth of one cent ($0.001) per gallon.
Thirty cents ($0.30) per gallon ($8,700 per contract) above or below the previous day's settlement price. No limit in the spot month ( limits are lifted beginning on First Position Day).
Trading ceases on the second business day following the last trading day of the delivery month..
Denatured Fuel Ethanol as specified in The American Society for Testing and Materials standard D4806 for Denatured Fuel Ethanol for Blending with Gasolines for Use as Automotive Spark-Ignition Engine Fuel plus California standards.