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Orange Juice Futures |
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WIKI ANALYSIS
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This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract. |
FCOJ-A (frozen concentrated orange juice) futures are traded on the New York Board of Trade under ticker symbol OJ in cents and hundredths of a cent per pound.[1]
The chart at left shows front-month Frozen Concentrate Orange Juice prices on the New York Board of Trade in cents and hundredths of a cent per pound.
Delivery Dates
FCOJ-A futures are delivered every year in January, March, May, July, September, and November.[1]
The following is a table with FCOJ-A 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 |
| January, 2009 | OJF9 | OJ/F9-CT |
| March, 2009 | OJH9 | OJ/H9-CT |
| May, 2009 | OJK9 | OJ/K9-CT |
| July, 2009 | OJN9 | OJ/N9-CT |
| September, 2009 | OJU9 | OJ/U9-CT |
| November, 2009 | OJX9 | OJ/X9-CT |
Contract Specifications
Contract Size
One FCOJ-A futures contract on the New York Board of Trade is 15,000 pounds of orange juice solids (3% or less).[1]
Tick Value
5/100 of a cent per pound ($7.50/contract /).[1]
Daily Price Limit
Ten cents per pound above/below the prior day settlement price.[1]
Trading Hours
- On the CME Globex electronic platform: 7:00 AM until 2:45 PM, New York Time.[1]
Last Trading Day
14th business day prior to the last business day of the month .[1]
Deliverable Grades
US Grade A with a Brix value of not less than 62.5 degrees.[1]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 The New York Board of Trade's contract specification for FCOJ-A futures
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