Product sheet | B3

Cash Settled Hydrous Ethanol Futures

  • UnderlyingHydrous ethanol fuel, in accordance with the technical specifications defined by the National Petroleum Agency (ANP).
    Contract size30m³ (corresponding to 30,000 liters).
    QuotationBrazilian Reals per cubic meter to two decimal places.
    Tick sizeBRL0.50.
    Round-lot1 contract.
    Last trading dayLast trading session of the contract month.
    Expiration dateLast trading session of the contract month.
    Contract monthsAll months.
    Settlement on expirationCash settlement.
    • 3%
      Financial institution
    • 0%
      Institutional investor
    • 4%
    • 7%
      Natural person
    • 86%