|
Help on Pork Bellies (PB)
Pork Belly Futures are traded on the Chicago Mercantile Exchange.
The price of Pork Bellies is quoted in cents per hundred weight.
The standard contract size is 40,000 hundred weight. The minimum
trading increment is a 0.025 cents.
Pork Belly prices are read as follows:
A price of 46.125 would be read as 46.125 cents per hundred weight
A move from 46.125 to 47.125 would be a difference of $400.00
excluding commissions and fees. The minimum change is 0.025 cents
or $10.00
Formula: $0.47125 - $0.46125 = $0.0100 *40,000 = $400.00
» Click here to learn more
about Pork Bellies
» Click Here
for Pork Bellies Quotes
» Back to Commodity Pricing
Index
|
