Ethanol is a fuel derived from natural plant corn or sugar cane.
His application as a fuel for transport is growing strongly, since oil prices started to show gradually increasing amounts. Already
the Nybot (New York Board of Trade) is a future on ethanol derived from sugar cane, but its trade volume has not undertaken relevant measures.
The CBOT has started since 2005 the treatment of the Future on ethanol derived from corn, in order to enable the producers of fuel hedging and arbitrage the price of corn agriculture. Description
contract
Name: Ethanol (Ethanol)
contract signed AC
expiration months: January, February, March, April, May, June, July, August, September, October, November, December,
Stock Exchange: CBOT, Chicago Board of Trade
Example: from 1.700 to 1.701 = $ 29
minimum price variation (tick) 0,001
Tick Value: $ 29
trading hours: from 9:30 a.m. at 1:15 p.m. Now Chicago
contract size: 29,000 gallons contract
Quote: dollars and thousands of a dollar per gallon
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