The NYBOT pulp futures contract opened on Friday, March 4 th and the options on Monday, March 7 th. Both contracts have experienced solid trading volumes, with the futures contract trading 1,799 contracts in the first five days, and the options contract trading 1,092 contracts in the first four days.
The NYBOT pulp contract (symbol P) is for 20 air-dry metric tons of Northern Bleached Softwood Kraft (NBSK) pulp, which must be a commercially accepted “prime” grade of a specific moisture, dirt count and brightness. The Pulp section on the NYBOT website
(www.nybot.com/pulp) has more information regarding the new contracts.
The New York Board of Trade (NYBOT) is New York ’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
