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Lumber - Physical Delivery
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Lumber - Physical Delivery (CME)

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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

Copyright ©2024. All market data is provided by Barchart Solutions. Futures: at least 10 minute delayed. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice.
To see all exchange delays and terms of use, please see disclaimer.

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