Monthly Commodity Futures Price Chart
Lumber - Physical Delivery (CME)
Contract Specifications:LB,CME
Trading Unit:
27,500 board foot
Tick Size:
$.50 per 1,000 bd. ft. ($13.75/contract)
Quoted Units:
US $ per 1,000 board feet
Initial Margin:
$1,485 Maint Margin: $1,350
Contract Months:
Jan, Mar, May, Jul, Sep, Nov
First Notice Day:
Business day after last trading date of contract.
Last Trading Day:
Business day immediately preceding the 16th calendar day of the contract month.
Trading Hours:
CME Globex: Monday - Friday, 9:00 a.m. - 3:05 p.m. CT.
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT.
Daily Limit:
10% above or below previous settlement
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