Product sheet | B3

Anhydrous Fuel Ethanol Futures

  • UnderlyingAnhydrous fuel ethanol, 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 day preceding the expiration date.
    Expiration dateLast trading day preceding the contract month.
    Contract monthsAll months.
    Delivery pointsThe delivery points for the commodity, free on truck, are the distribution bases in the City of Paulínia (SP) or port terminal at Santos (SP).
    Delivery notice6th business day preceding the contract’s month up to an hour after the close of trading of the penultimate business day preceding the contract month.
    Settlement on expirationPhysical delivery.